GMG 0.78% $34.75 goodman group

the reasons why gmg is falling, page-2

  1. 1,355 Posts.
    8. Moody's said Goodman's gearing had deteriorated since June 30, notably because of its investments in Europe. Moody's vice-president and senior analyst Clement Chong said that despite Goodman's good track record on capital management, the agency was concerned that falling asset valuation and difficulty in selling assets would constrain its ability to raise capital.

    9. The Baa2 rating on Goodman's hybrid securities could also be reduced. "Goodman's look-through gearing, which incorporates debt at its managed funds.

    10. No write down of intangibles.

    11. Degearing of funds under management not easy.
 
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Last
$34.75
Change
0.270(0.78%)
Mkt cap ! $65.99B
Open High Low Value Volume
$34.97 $35.15 $34.67 $113.8M 3.272M

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No. Vol. Price($)
2 11747 $34.72
 

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Price($) Vol. No.
$34.76 5103 2
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