comment on reits, page-54

thanks CT,

now i am pretty sure (more of a gut feeling) that we are going to see a announcement in june like last year for a distribution of 1.4c if not more. Which is pretty reasonable call i ll say this coz,

last year when they announced dividend of 1.4c CNP/CER were talking about extension of loans at that time as well with no gurantees that extensions will be achieved and we were 7-8 months into this since it all started having 2-3 quaterly extension of loans already nad now the situation is much better as

1. GFC looking to be turning around
2. AUD rising
3. Lots of properties sold = Debt down.
4. Interest rates down.
5. As someone pointed out directors will like to be applauded for making money to share holders / or atleast restoring their value.
6. Interest rates down.
7. Rentals up.

only thing i can say is the more i think about it the more possible it looks to me...


thoughts on this anyone..