MXG multiplex group

Watford you missed one - Multiplex stops paying coupons in...

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    08/04/09
    17:36
    Post #: 4996812
    Watford you missed one - Multiplex stops paying coupons in perpetual:

    Return - 100% (negative 100%)

    Perpetual payment is not the worse case scenario. If it was your 100% right (it shouldn't be trading here). There is alot of pressure on these property groups so the reality is it is pretty likely (the market believes this) that they will stop paying interest at some point.

    Having said that at some price the discount compensates for this risk. At $30 I'm not sure. At sub $20 i'm happy to buy.
    MXG Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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