yes it could definitely fall to $2 with 2 interest rate hikes, yes gearing is higher than you would prefer, the dividends have fallen as the service station footprint reduces as they sell.
all valid points, l am holding because a want stable reliable income for the next decade and this is but one of a few holdings. As we go up the return curve the risks also increase and every share has risk. The risk here is many rate increases.
yes l think there is another rate rise. It’s very rare that l will hold a portfolio position higher than 3%, l diversify. they were planning to sell a few of the underperforming stations and reduce gearing.
if you have too many concerns then select another holding. l am aware of the risks. all good
- Forums
- ASX - By Stock
- Recommendation
yes it could definitely fall to $2 with 2 interest rate hikes,...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WPR (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.60 |
Change
-0.020(0.76%) |
Mkt cap ! $1.746B |
Open | High | Low | Value | Volume |
$2.61 | $2.62 | $2.57 | $2.996M | 1.155M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 11267 | $2.59 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.61 | 2722 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 11267 | 2.590 |
2 | 11680 | 2.580 |
1 | 4878 | 2.570 |
3 | 9901 | 2.560 |
4 | 36630 | 2.550 |
Price($) | Vol. | No. |
---|---|---|
2.610 | 2722 | 1 |
2.620 | 39684 | 6 |
2.630 | 7182 | 2 |
2.640 | 30756 | 4 |
2.650 | 38516 | 10 |
Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
Featured News
WPR (ASX) Chart |
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online