APD 0.00% 89.5¢ apn property group

Clime seem to like this one. Its a bit of strange beast 70%...

  1. 724 Posts.
    lightbulb Created with Sketch. 45
    Clime seem to like this one. Its a bit of strange beast 70% property investor and 30% Fund Manager. I guess it needs a lot of capital to seed its funds As $140m of the market cap is represented by the Properties then $40m for a Funds Management business that should create about $12m in Funds Management earnings is not bad. They also seem to be reasonable property managers as well so expect about 5% growth in FUM with the investments.
 
watchlist Created with Sketch. Add APD (ASX) to my watchlist

Currently unlisted public company.

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