BJT babcock & brown japan property trust

expect 10.7 c dist in cash and units, page-14

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    Of the 10.7 cents dist predicted,
    2.33 c was withheld from the last dist to assist with buying management rights
    the rest must come from second half profits I guess at 8.37 cpu ($42.5m NPBT for second half).
    First half NPBT was $32.4m
    Total NPBT for year prediction = $74.9m (14.7 cpu).
    At 34c - this is a 43% unfranked yield.

    NTA was 1.75 cpu, but this may have dropped slightly with the AUD up vs YEN.

    I've just sold some other stuff to double my holding in BJT.

    Any suggestions for a name?
    Japcoq Property Trust

 
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