GMG

5.10%

$34.58 goodman group

I don’t believe central banks for a second when they pretend...

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dawgfather

9,631 Posts.

5023

02/10/22

00:27

Post #: 63984949
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Originally posted by noomxx: ↑

lol its a democracy, even on hotcopper.
People can ignore who ever they choose, but ignoring people has zero impact on share price movement.

So far, year to date I have been correct on GMG.

Market is evolving from QAAP (Quality at any price) to GARP (growth at reasonable price).

The issue is not only the peaking of yields (which we don't yet have an answer to, only time will tell on this), the more important issue is that the market believed interest rates would quickly reverse in 2023. Central banks are making it quite clear (clearer than on many historical central bank communications) that this will not be the case and that interest rates will stay higher for longer.

This issue has NOT been factored in, and hence why REIT prices are declining.

There will be a time to start buying or topping up (if one is an existing shareholder), but that time is not yet upon us.

Let this wash through.
Investing is not just about return on capital, its about preservation of capital.

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I don’t believe central banks for a second when they pretend they will take inflation seriously.

As soon as it gets tough, they will all fold like Bank of England and start the money printers again.

GMG Price at posting: $15.78 Sentiment: None Disclosure: Not Held
1 Upvote

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(20min delay)
Last $34.58		Change -1.860(5.10%)		Mkt cap ! $65.67B

Open	High	Low	Value	Volume
$35.55	$35.66	$34.58	$121.7M	3.493M

Buyers (Bids)

No.	Vol.	Price($)
2	660	$34.54

Sellers (Offers)

Price($)	Vol.	No.
$34.73	660	4

View Market Depth

No.	Vol.	Price($)
2	660	34.540
3	452	34.530
1	20	34.520
1	3000	34.510
5	977	34.500

Price($)	Vol.	No.
34.730	660	4
34.850	20539	1
34.860	8104	1
34.880	4466	1
34.900	4025	1

Last trade - 16.10pm 02/08/2024 (20 minute delay)

GMG (ASX) Chart

I don’t believe central banks for a second when they pretend...

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Westgold sets its sights on top five producer status through merger with Karora

Venture to sniff out high-grade REE targets at Jupiter project, WA

Is oil undervalued?

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

GreenX picks up prospective copper project in Germany

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

I don’t believe central banks for a second when they pretend...

Top Stories

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Westgold sets its sights on top five producer status through merger with Karora

Venture to sniff out high-grade REE targets at Jupiter project, WA

Is oil undervalued?

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

GreenX picks up prospective copper project in Germany

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News