FWD 6.91% $1.78 fleetwood limited

Ann: Dividend/Distribution - FWD, page-3

  1. 599 Posts.
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    I see what you’re inferring however 2.5c / per share is not much of a difference to the balance sheet overall Keith. Market is starting to appreciate the cashflow generation from the Searipple asset for this financial year and the potential for proceeding financial years. The Rio deal kicked off in April we have a 36 month window of occupancy at 50% + and Bruce confirmed on the conference call the occupancy rate is contracted for 65% for FY25 already.. Add to this another contract or two and we are at 80% + . It’s not impossible for Searipple to have full occupancy over 18-24 months in the foreseeable future.

    Furthermore, building solutions is firing and this is just cream on the top, or the honey that I put on my dark chocolate to give it some sweetness…

    The company trades in line with its cash and property value in light of all the tailwinds we know of. I think this will rip before Christmas
 
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