BJT babcock & brown japan property trust

technically about to break / explode, page-4

  1. 28,635 Posts.
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    tilly,

    it will not only struggle, it is not possible to break thru the 29c seller, until they are exhausted.

    that is the point, that buyers over 28, are aware of the op to accumulate here, because when mq or seller are done, it will epxlode.

    think of this, it hasnt collapsed, and the seller doesnt dump.

    WHY? cause the seller knows that the value is there, and buyers are happy to take it.

    The fundementals are, extremely sturdy in BJT, and it is the name and managment rights that originally put it down.

    Am i correct in my understanding, that now that we have secured the managenent rights, a name change will completely sether the unbilicol to BNB?

    The perception change, of this reit, still paying divs, healthy, ought to rate amoungst the 10% div yeild others.

    The business model is good, interest costs are 2%.

    Int cover 3.4 by memory.

    I bought recently at 27.5, with an opening stake,

    i wait to see the support, the strength, to re-affirm that the recent gains aren't going to be profiteered of with a sell down.

    That hasnt happened, and in spite of a major reducing, BJT has held its position.

    Thats says to me, that the price is right, and set to gain.

    Cheers
 
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