CER centro retail group
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leverage, page-3

  1. Alf2
    341 Posts.
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    29/11/10
    23:22
    Post #: 7542269
    Let's not forget also that a rise in property values also improves our gearing - one of our problems is our high gearing in a post-GFC lower geared world.

    30% seems to be preferred - seems low to me - the sign of a lazy balance sheet! But it will take us a long time to get there. LLC coming back onto the books due to increasing valuations would be a good start!
    CER Price at posting: 24.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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