MPY mfs living and leisure group

I know MacBank research are not keen on the % of development...

  1. 86 Posts.
    I know MacBank research are not keen on the % of development profit in the forecast 12 cent dividend (27% this year but only 13% next year) but is this the only reason for a 85 cent share price.

    Does this look too cheap or am I missing something?
 
watchlist Created with Sketch. Add MPY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.