GMG 5.10% $34.58 goodman group

Ann: Full Year Results Presentation, page-28

  1. 8,925 Posts.
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    Big Shame Strategy1 , GMG have $5 billion of internally funded work in hand this year and next paid for by keeping dividends to 30c this year , strap yourselves in investors , GMG will be a $20 stock in next year , rather have the stock increase in value than increased dividends any day, GMG is as good as it get in REIT investment,

    Where do you see this ?
    DEVELOP Structural demand expected to drive growth in WIP to around $5 billion in the near term
    FY20 forecast Operating profit $1,040 million + up 10.4% on FY19
    Operating EPS 56.3 cents + up 9% on
    FY19 Distribution per security 30 cents

    + Management earnings up 48% on FY18 + Global weighted average cap rate (WACR) tightening to 5.1% + $13.6 billion in equity commitments and availible liquidity.
 
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