BJT babcock & brown japan property trust

Thanks for the heads up MM;I do not hold either GPT or BJT....

  1. 2,656 Posts.
    Thanks for the heads up MM;

    I do not hold either GPT or BJT. Found GPT whilst doing a search for high yield stocks and found the statistic quite glaring.

    Have been sitting on the fence of BJT for a while and have been put of by the very low P/E ratio, assuming that the analysts have it right.

    However the company is solid for all the reasons you point out. SP has improved significantly over the last 3 months and i have missed making gains, but imo has alot further to travel over the next few years.

    My only other long term hold in a sector similar to this is MAP and quite happy with the performance and current yield.

    Have never held an REIT, but this may be the first soon.

    Once again thanks for your thoughts.

    Bacchus.
 
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