I'm satisfied.
Debt now reduced to 32% with the asset sales coming through.
My estimate is that Dividend and FCF will start to grow from FY25 onwards (guidance this year is slightly down).
But with interest rates near the top of the cycle, and the rental growth >3% pa. Distributions (and valuations) should tick up.
The portfolio cap rate (6.1%) is loose compared with Waypoint and the Charter hall long wale (ownership of BP centres). I know there are different WALE's etc....
Perhaps only gearing reaches 30% the manager will start with a 5% share buyback?
Ann: FY23 Results presentation, page-2
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DXC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.74 |
Change
-0.010(0.36%) |
Mkt cap ! $377.4M | |||
| Open | High | Low | Value | Volume |
| $2.75 | $2.78 | $2.74 | $54.16K | 19.57K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19999 | $2.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.78 | 17406 | 2 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| DXC (ASX) Chart |