MIX 0.00% 21.7¢ mirvac industrial trust

eofy results!!!, page-12

  1. 17,384 Posts.
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    WOW ! The run still looks like it has some legs in it yet.Two points i would like to make and dont take as gospel but being a trust normaly they can only raise money outside of the trust so dilution is never a problem .The other is i also think they cannot do buyback of units but if someone has clarity on that i would love know.Im a little surprised also they did not swing a cent our way in dividends or even a quarter but guidence has it wont happen this financial year maybe a capital return would be nice :) But i would be happy as pointed for debt reduction buybacks etc as its all good for holders.

    Just for a punt i think we got till about 11.5 cents before it will stagnate from going in an uptrend but no real time limit except maybe next years end of year report.Im using 70% nta as a guide for target price and near term income stream being after one year.cheers to all holders traders its a nice position to be in if you have taken one.

    Oh one other thing is your tenants often value add to your property i think one tenant did 10 million of improvements and some of those carparks are big i think i seen one had three hundred cars in it.Also they sign up for long leases with built in price rises ? Im kicking myself to i do not own more but you cannot win them all i may own the line markings in the car parks .:)
 
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Currently unlisted public company.

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