URW 1.84% $6.41 unibail-rodamco-westfield

Ann: URW REPORTS FY-2023 EARNINGS, page-2

  1. 1,859 Posts.
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    Very good result and pleasing to see div reinstated. I think once we get a full year of these results well see a div of at least $0.30 AUD (currently $0.22). They can definitely go well beyond this based on their fcf but well just have to wait on this. Congrats to those who identified this early.

    Aud equiv eps is also very good at ~$0.80 on a fwd basis. Historically URW trade on a multiple of ~x10 so as confidence builds I see a return to a SP on at least $8 (cdis). This is all panning out very well.
 
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