CDP 0.00% $4.41 carindale property trust

Ann: Full Year Results Announcement, page-11

  1. 8,317 Posts.
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    SCG doesn't have the M&A possibility which CDP has.
    At some point well before 90%, SCG is going to decide that the CDP structure isn't worth maintaining, and they'll make an offer for the minorities.

    CDP's gearing isn't excessive. They could reduce or skip a distribution if it was.

    CDP SP hasn't reacted to the recent bond yield falls, so it's looking cheap compared to SLF and SCG.
 
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