3 weeks till results. No update to december broker targets yet. Consensus Forecast eps decline 3.5% to 24.9.
$3 held. I had topped up at $3.07 ...but still underweight.
Chart set to give a Golden Cross.
History says housing construction bounces as rates are cut.
Cedarwoods say its already happening.
https://www.marketindex.com.au/asx/cwp/announcements/barrenjoey-emerging-property-companies-presentation-6A1262893
Presales of more than $700m at the
end of Q3 ($570m pcp), up 23%
Sales volumes occurring at good
levels, especially in QLD & for more
affordable product nationally
Confirmed expectation of further
strong growth in NPAT in FY26 with
significant presales for that year
already secured.
(20min delay)