SCG 0.30% $3.38 scentre group

News: SCG Scentre Group Says Pausing Security Buy-Back Program Until Further Notice, page-70

  1. 3,193 Posts.
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    Many people will be looking forward so much to hitting the shops. Isolation is lonely and just seeing others in larger crowds will make many happy. SCG is well placed for a quick recovery if we remain free from lockdown. Online sales are going strongly but everyone now will be so looking forward to the hands on buying experience back at your local shopping centre. We love Food courts, kids playgrounds, shows and attractions and many are desperate to get their kids out into them away from the insanity of the home bound prison like feeling. Also many like the ability and safety to return goods if not as expected at their local shops for a refund or exchange. As mentioned before, Jobseeker, Jobkeeper and eary release super will have most in a buying mood and just getting out for many will drive up the share price for SCG from here in my personal view.

    I have taken up a reasonable holding in SCG and believe life will go on for the foot traffic shops. Once back to normal a dividend around .10-.12 cents isn’t bad also.
    Last edited by Stocks78: 17/05/20
 
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