Autosime, yes the recent price action has been very satisfying. Nice to see that others are now seemingly sharing our views. I'm no chartist but it looks like the recent downtrend from July 2015 has been arrested.
Looking at the longer term chart it seems that about the current price would a good support level, as that corresponds to the upward trend established after the ED takeover. In case you think I'm being under-ambitious, that corresponds to roughly a 10%p.a capital growth + dividends of 11% gross (at current SP).
I know it would be nice to see 2.20 or so, but if it is 2.00 in a years time plus the 15.4 FF dividend and a confident management outlook, I would be satisfied with my investment.
DDR Price at posting:
$1.83 Sentiment: Buy Disclosure: Held
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.
(20min delay)