Ann: Dividend/Distribution - DDR, page-41

I will look later today at the figures on Commsec but what you have is consistent with Morningstar

is the declines a sign of the start of a slow down or just a hiccup?
- could start if a decline (you wouldn’t want to bet the house, I am thinking .5% weighting is enough)
- now management are very positive in their outlook for the future it is reported (yes they could be wrong)
- windows in stopping support for v10 next year which could result in mass upgrades of equipment
- the did loose contracts worth over $50m (buying going straight to vendor)
- single person risk maybe less of a concern as DD has been reported as increasingly absent(?)

I guess do we believe management that hiccups are the cause or is this a mature business with declining growth in the future?

(I was thinking about a 1/4ly dividend. This makes it look like a mature business with little to offer other than high yield as it declines (eg coal industry??). Dunno if it a good thing).

plenty to think about… l inclines to think tiny buy at these prices but be very careful

cheers