MXG multiplex group

multiplex sites showing 40 pct pa return, page-10

  1. watford
    2,123 Posts.
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    15/10/08
    15:36
    Post #: 4392536
    Sorry, don't know it but it is a contrubuting share in a property fund presumably managed by Multiplex. They own some buildings with quality tenants and shares in LPT's. Distribution for Sep08 quarter was 1 cent per share. Market cap is $75 million which looks cheap versus assets of A$640 million, NTA 59 cents, book value $258 million and debt of $528 million.
    MXG Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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