SYD 0.00% $8.72 sydney airport

You made four short and concise points and I agree with all of...

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    You made four short and concise points and I agree with all of them!

    I keep watching the price drop, then start to rise, then drop again.... I wish it would just drop to $4.00 or recover properly!!! I would love to buy in but have no idea what a reasonable value is anymore. It's a dividend stock but won't be paying dividends this year. Analyst reports I've read say a reasonable but reduced payment will be made next year. I can't see how that would be remotely possible. More likely 2022. Lots of debt, but apparently manageable at the moment. I really don't know what to do with SYD. As yet, I've done nothing.

    With term deposit rates at practically zero, even if SYD paid two or three percent for the next three to five years before trading at $9.00 again it would be a very profitable investment. As for an entry point....I have no idea. A few bad nights on Wall Street and SYD (along with the ASX in general) sliding below $4.99 would test my resolve to keep watching!




 
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Currently unlisted public company.

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