GPT 0.73% $4.12 gpt group

bought at 1.775, page-27

  1. 14,049 Posts.
    lightbulb Created with Sketch. 70
    even with a reduction of the distribution from .28 to .20 the return looks good

    .20/1.73 = 11.5%

    this is underpinned by $516 m from rents

    I however estimate that the company will be able to pay out .04 a quarter or 16 cents a year

    .16/1.73 = 9%

    that would have to put a floor under the price.

    imagine if you could get a .28 divi

    you'd get 16%

    .20/1.50 = 13%

    .20/ 1.20 = 16%


    NTA is supposed to be $3.86



 
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