APD apn property group
Add to My Watchlist 0.00% ! 89.5¢

Stripping out NTA of 42cps (net cash and property...

  1. peterdoobes
    2,513 Posts.
    lightbulb Created with Sketch. 59
    clock Created with Sketch.
    22/02/21
    15:02
    Post #: 51217692
    Stripping out NTA of 42cps (net cash and property co-investments) the funds management business is trading at a Value of 1.6% of FUM. PWG and CNI more like 7-8% of FUM.

    On a consolidated basis, earnings upgraded twice already so far this financial year, trading on a partially franked yield of over 6% and a PE of 15-16x with plans for more funds to be launched this half and a buyback. FUM back to pre covid levels, share price still at a 20% discount
    APD Price at posting: 55.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Austral Resources to Acquire Rocklands to Transform North-West Queensland Copper
right-arrow Created with Sketch.
NEWS Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming
right-arrow Created with Sketch.
NEWS Outstanding Drill Results Define New High-Grade Iris Zone at Apollo Hill
right-arrow Created with Sketch.
NEWS Next Science to Sell Majority of Assets in Proposed Transaction
right-arrow Created with Sketch.
NEWS Diamond Drilling Expands Scale of Fiesta Copper Project After Intersecting Mineralisation
right-arrow Created with Sketch.
AFP Combogesic IV Launches in Canada and R&D Shows Significant Advances
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.