$Cromwell Property Group (CMW.AU)$0.57 after sale of european platform, cmw is left with a high quality AUS portfolio. occupancy up to 95.8% from 94% gearing fell to 29% from 39% left with recurrent cashflows (distributions have bottomed, with only potential upside going forward in my view)— slide 11 proves it. Australia portfolio stable and even the Aus Funds stable. going forward, question is what will board do to acquire more quality properties ans grow DPU. always assess ba...
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101640236
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And Cap Rate of 7% with high occupancy seems conservative even at book value of 57cents… not to say 40cents
Cromwell's insider shares sales, with no recorded purchases, hint at a potential danger for the company's future. Sales at high prices, significantly above current share prices, may invite further worry. While high insider-ownership typically aligns stakeholder interests, recent selling could dampen optimism.
Last week was very positive for equity markets with a lower than expected US inflation print (3.2% for October) seeing bond yields fall 10-20 basis points and consolidating the view that we have likely seen a peak in US interest rates. The UK inflation number was also revealed last week and showed that inflation is also moderating in the UK. The US reporting season continued to churn out good numbers and President Biden’s meeting wi...
101640236 OP : And Cap Rate of 7% with high occupancy seems conservative even at book value of 57cents… not to say 40cents