GOZ 0.44% $2.28 growthpoint properties australia

GOZ less risk than its peers due to only rental income December...

  1. 1,200 Posts.
    lightbulb Created with Sketch. 90
    GOZ less risk than its peers due to only rental income
    December NAT is $3.75
    https://hotcopper.com.au/data/attachments/6258/6258633-52fabfb86f63e037c1a768d2b3393de3.jpg
    External valuation decline 4.5%

    https://hotcopper.com.au/data/attachments/6258/6258638-417cff4307426a333480447d1a03150d.jpg
    So decline 4.5% to be NTA $3.582 with current SP is $2.32 is about 54% discount

    Only High debt and Interest Costs are the Main Risk.
    Much lower risk due GOZ avoids excessive development risk, sticks primarily to the function of landlord and office occupancy rises to 76% of pre-pandemic levels

 
watchlist Created with Sketch. Add GOZ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.