residenttial property investment trust

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    http://sterlingfirst.com.au/corporate-information/

    After tax profit forecast of 2.1mill for 2014, 8 mill for 2015 and 18 mill for 2016 putting them on a p/e of 1.3

    Aiming to issue prospectus in August 2014.

    Richard Colless and Robert Armstrong just been named on the board...these 2 are high flyers in the property marketalong with Ray Jones.

    This is a bricks and mortar investment which appears to have very minimal risk with massive upside.

    Any thoughts
 
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