CNP 0.00% 4.0¢ cnpr group

hedging

  1. 633 Posts.
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    I see one of the biggest problems for centro is their hedging situation.Centro assumed reponsibility for the hedging of all the property syndicates over the last few years and now they have been knocked back by the banks to roll over their hedging contracts.With the $a dollar at almost 95 c US That could become a major problem based on historical Aquisition cost of properties when dollar was at a much lower level.

    I am not sure where this all goes. But this in my view is a big issue
 
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