My guess is it’s likely permanent based on:
- Shift in the balance of power from lessors to lessees
- Higher vacancy rates due to retailer insolvencies
- Acceleration toward online shopping.
Partially offsetting these factors are lower interest rates, but I think there is likely to be some permanent impairment coming from COVID, but at today’s price you’re still buying with a large margin of safety. All we’re really talking about here is the degree to which it is undervalued today.
The next 18-24 months will be a fascinating time to watch it all unfold.
Egregiously cheap, but...., page-102
-
- There are more pages in this discussion • 32 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CDP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.63 |
Change
0.000(0.00%) |
Mkt cap ! $374.8M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 655 | $4.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.72 | 658 | 1 |
View Market Depth
| Last trade - 16.12pm 16/10/2024 (20 minute delay) ? |
| CDP (ASX) Chart |
Day chart unavailable