AOG 0.00% $2.14 aveo group

Aveo Can Unlock 70% Upside by Addressing Its Unique Ownership Structure, According to Metrica, page-73

  1. 33,574 Posts.
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    I bought a decent swag yesterday , after comparing this with Summerset who have higher debt ratios (gearing ) 30% as against 23% for Aveo of interest bearing liabilities (not inc resident loans ) / (assets (less receivables).+ net debt )
    Summerset has a share price around 85% higher than its NTA while AOG is less than half its NTA per share .
    Why buy one poxy house in NZ and probably have to shear the sheep , when you can buy 4 classy houses in Australia for the same money and less risk in regard to gearing ?
 
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Currently unlisted public company.

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