BJT babcock & brown japan property trust

it's all gone quiet

  1. 3,760 Posts.
    notrealgoodatthis,

    Yes I think the distribution has satiated many stockholder's hunger for now. I suppose there's two bits of news we now await with baited breath. First being the actual distribution and crediting date and second would be the annual report.

    Since BJT is still an ASX200 company, a fair share of analysts will be dissecting the contents as well as assessing BJT's (to date) rather ambiguous course of action pertaining to it's hedging situation. Of particular not will also be improvement (or lack thereof) in NTA, ICR and LVR situation together with going concern commentary from their auditor and the nature of ongoing discussions regarding debt maturity as some 20% of BJT's total debt matures in March 2010.

    Curiously, I don't think analysts will be overly concerned with a name change, assuming we do not have one prior to the release of their annual report.

    PS: My expectation is also to see BJT well into the 60's and beyond.

    PPS: The tax components of the distribution will also naturally be a point of analysis.

    Cheers.
 
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