LLC 4.07% $5.63 lendlease group

Ann: LL HY24 ASX, Presentation and Appendix, page-2

  1. 7,330 Posts.
    lightbulb Created with Sketch. 2204
    ROE downgrade to 7% is going to hurt.

    Well progressed in the restructure of the business, should get debt down to acceptable level given the sales and project timeliness. Yet to see any evidence that they can generate returns for shareholders though, and the outlook isn't peachy.

    Hard to see this not getting slammed today.
 
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