BJT babcock & brown japan property trust

thats a very good question, but dont doubt the fundementals of...

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    thats a very good question, but dont doubt the fundementals of bjt.

    What we have on the others, is pure momentum trading, its like a flash fire, and its based on superficialities, those who see the Div yeild comparisons, and jump in without doing full research.

    The sector is heating up, and the last few weeks from bottom, have seen over 100% gains,

    late comers want a piece of action, and are chasing the cheapest (and nastiest without realising it.)

    I'm not saying there isn't some NTA worth more than the current sp, infact, VPG, read an article on VPG threa showing liquidation might be as much as 30cs, from 51c NTA..

    Stick with the quality, there are those who are buying with the momentum of the others, and those getting sucked in. Those who run with the momentum, have their trigger fingers on the sell buttonn, and will leave the ignorant very cold when the fire goes out.

    On the other hand, BJT will attract more and more longs, as it can stand on merrits. Its paying divs, that ought to highlight the differnces.

    For the discounts, MDT a safer more fundemental play IMO,

    I hold BJT and MDT.

    cheers
 
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