MOF 1.75% 28.0¢ macquarie office trust

anyone still holding?, page-9

  1. 2,127 Posts.
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    I am in at.12

    Divis are good. As somebody mentioned the most importnat is to finance debt.
    With geraing ratio of 40% (which is in my opinion a bit high) there is some risk becasuse i generally do not belive in valuation tactics used by these companies.

    Still Net asset covers sahres 6 times over and even it comver 2 time over it is still a reasonalbe saftey , provding divis are still around.

    Happy hunting
 
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