NZ_Shareman

Argosy Property

Long
NZX:ARG   ARGOSY PROPERTY LT NPV
On a Tare
Fundamentals are Crazy Good
Consistent Yearly Net Profit (After All Expenses) Average approx 100 Mill since 2016

Has approx 100 properties
Retail - Commercial - Industrial
Auck - Well - Hamilton

Leases Buy and Sells it's portfolio

Recently Sold 80 Springs Road Auckland for $379,500 profit 2.3% on 16.5 Mill

Get a load of this bro's and sisters
Operating MMargin 118.84%
Net Profit Margin 95.52%

All Property Companies have similar Fundamentals good business to be in.

Revenue Growth over next 5 years only 1.28% but consistent

Would have thought being in Retail Property especially would be a worry but doesn't look like it.

Moving Ave Brought Oct 7th up 2.9%
Macd Brought Oct 1st up 4.1%

Strong Buy imo

Buy the way housing market in USA is strong with interest rates being as low as they have ever been and will continue to be for a few years to come at least according to the Fed.

Would love to put the link to the Web Site but House Rules say "No"

Sorry about that.

Comments

Why not put the link in your Twitter please
Reply
NZ_Shareman samansfx1
@samansfx1, OMG i never thought of that you must be a Millennial lol , but i might get band for another week for letting you know i have done ? but i'll risk it.
Reply
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