FKP 0.98% $2.03 fkp property group

Today's slide causes me less concern than Nov 8th breaking...

  1. 16 Posts.
    Today's slide causes me less concern than Nov 8th breaking through 21.5c, as today the sentiment, and last 2 days charts, all bad.

    However, with interesting, the % gap between buyer and seller around 19.5 / 20 is visibly narrowing.

    Say, if Div = 1.5c, 17~18c shall provide substantial support. (Compared to APZ's 'support', considering its forecast div)

    Personally believe FKP is good value at current SP, as its retirement recurring income sits above 50% level. Further, FKP seems to ridding off funcy stuff and concentrate even more on recurring income.

    Ready to enter again if it breaks up 20.5c, even better 21.5c.
 
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