CER 0.00% 32.0¢ centro retail group

not looking good

  1. 376 Posts.
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    The results don't look good to me, but I am happy to be corrected.

    What is good about the following:

    -NTA down from $1.27 to $0.72
    -Look through gearing up from 64.4% to 68.7%
    -Mark to market movements and write downs account for -85% movement in NTA. Movement offset by 35 cent gain from strengthened USD

    No mention of distribution guidance.

 
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Currently unlisted public company.

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