Big Shame Strategy1 , GMG have $5 billion of internally funded work in hand this year and next paid for by keeping dividends to 30c this year , strap yourselves in investors , GMG will be a $20 stock in next year , rather have the stock increase in value than increased dividends any day, GMG is as good as it get in REIT investment,
Where do you see this ?
DEVELOP Structural demand expected to drive growth in WIP to around $5 billion in the near term
FY20 forecast Operating profit $1,040 million + up 10.4% on FY19
Operating EPS 56.3 cents + up 9% on
FY19 Distribution per security 30 cents
+ Management earnings up 48% on FY18 + Global weighted average cap rate (WACR) tightening to 5.1% + $13.6 billion in equity commitments and availible liquidity.
Ann: Full Year Results Presentation, page-28
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Last
$34.88 |
Change
-0.010(0.03%) |
Mkt cap ! $66.24B | |||
| Open | High | Low | Value | Volume |
| $35.14 | $35.20 | $34.86 | $111.8M | 3.196M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14756 | $34.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.01 | 2001 | 3 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| GMG (ASX) Chart |