FKP 0.98% $2.03 fkp property group

ferrymanau,What FKP needs to break the 81c resistance is either...

  1. 500 Posts.
    ferrymanau,
    What FKP needs to break the 81c resistance is either a positive announcement from the management or some serious gains for REITs as a whole.
    FKP is doing relatively better than most other REITs as its currently 4% only below its highest closing price within the last 52 weeks(81c).
    FKP is NOT a dividend share and the 0.5c distribution was expected and the management reconfirmed it during the AGM so it did not surprise/disappoint me personally.
    Patience is a virtue and we are too close i believe. As long as the XAO keeps on making gains the XPJ (including FKP) will follow sooner or later.
 
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