CEU 0.00% 54.5¢ connecteast group

abn amro, page-4

  1. 657 Posts.
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    if citi group have a target of 58c then that might explain why there are a few sellers around...Looking at the chart we are winding up for a big move one way or the other...The div is still only forecast. if it was to be delayed due to low cash flow from traffic then this baby would be slammed. could hit 58c. If you look at this over the long term it is a great buy...The question is what it will take to increase the value in the short term...Traffic spikes could help, but is that likely. Interest rate cuts might help but that would be associated with recession and would imply traffic drops too. The only thing that will move this is instos buying for the long term when they know that it is cheap. They are in it for the long term. Are they better off buying property trusts? time will tell!
 
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