Back in Oct 13, 2022 I made this analysis:
Compared to Vonovia, Grand City has a double better debt position than its big competitor. Earnings payout are 23% and cash payout 64%. Vonovia's respective figures are 67% and 61%. Debt quity ratio at 57% is highly different from Vonovia's at 117%. Grand City may experiment higher costs of debt refinancing in 2023 but...
Hello friends!
Happy start of the weekend!
GRt breaks out of the falling wedge and forms an ascending triangle!
I will go on the support from the triangle long
My target is 22.36. the top of the channel!
I would be really grateful if you support me whit likes and comments!
No trading advice, trade save!
