BJT babcock & brown japan property trust

wot you reckon is going on, page-4

  1. 2,960 Posts.
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    as I said and got thumbs down for last week after I sold at 36 - 37.5, MQG selling and the announcement was 18% discount to book value isn't particularly good news when 58% geared!!!!!!! (fx losses lurking as well)

    div yeild isn't that special, the large share component they are giving you are yours anyway, call it what you want, I call it dilution.

    IMO going to retrace to 31.5 - 32c, I'll see everybody there and make more money going long from there, seriously why be a stubborn bull and fight it?
 
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