nz property market taking a hit just affects book value, not so much earnings. Plus price/book is 0.93 which leaves some wiggle room.
We need somewhere to put the oldies regardless and there’s a growing elderly population.
debt/equity is alright at 39%, when interest rates rise I think earnings will rise faster and offset it.
cost of developments rising , yep defs a concern.
if I’m wrong tell me where please
nz property market taking a hit just affects book value, not so...
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55.0¢ |
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0.000(0.00%) |
Mkt cap ! $400.0M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5289 | 54.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.0¢ | 14500 | 1 |
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