interest rates, page-3

  1. 1,372 Posts.
    Hi GK,
    AEU. The FA looks great. PE = 6!!! yield 7.5%. Is that franked? Some property mobs do not. REITs that is.
    sp is cheap on FA. If this traded on PE 10 then it would be $2.66!!!
    I notice 2 things on chart.
    1. The big low wick on candle in mid January. That must have been interesting!
    2. more relevant, is the brick wall at $1.60. What is going to kick this up. The market likes growth. Perhaps this stock is seen as safe but dull on the growth side.
    I am not against the stock, quite the opposite. It "should" be trading at $2+ on FA. This type of stock just does not excite the market.
    good luck with it.
    mower
 
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