RRT record realty

nta of 90c trading at 33c

  1. 394 Posts.
    -We've seen substantial holders increase their stake recently at significantly higher prices than current.

    -RRT do have a lot of debt, but very is due for refinancing until 2009-10, so we wont see the same scenario as we have seen with centro.

    - RRT not paying a divvy doesnt mean the value is lost, its still kept within the company which will better safegaurd the company, undertandable during current market environment.

    -we may see a soft porperty market, but I think they will resume their divvy in due course and the yield will be very attactive. High yield plays such as RRT will be shrt lived in the medium term.

    cheers
 
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