CER 0.00% 32.0¢ centro retail group

hold for at least 4 years

  1. 8,114 Posts.
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    I suggest that the prices we are buying at today will look insane in approx 4 -5 years from now.

    There is no doubt that Real Estate values are down , that more vacancies will occur.

    But I take comfort from the fact that the Banks now own 90 % of the company. Leaving only 10% in private invester hands.

    The Banks will do whatever they consider appropriate to ensure that a Fire Sale does not occur, when the economy turns around (and it will) those who have bought very cheap and taken the gamble will be rewarded.
 
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Currently unlisted public company.

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