federation centres considered a dividend star, page-9

do we really have reason to whinge? Sector PE according comsec is 13.45, and we are currently 13.6....ie we are bang on average within our sector. The mkt isn't building growth into our price, they are pricing us as solid...we are still adjusting from the heady Centro days back to being Boring Blue chip... on this basis one can argue that we are fairly priced. Other clear factors, however, are that the banks short us every week but stay under the 5% declaration level. We have a nice solid business, so there is a possibility that we are being stalked and accumulated for a T/O sometime down the track...perhaps at a time of mkt weakness when our holders will feel they can do better someplace else. Westhx, wouldn't you rather own this stock than PRR?