AJA 0.00% $7.23 astro japan property group

Ann: Interim Financial Report of Stapled Company, page-2

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    lightbulb Created with Sketch. 33
    NTA up tick
    $7.15 as at 30/12/16 At current fx rate of 80.26 $7.84
    Property valuations increased- tick
    $10.6M gain through revaluations
    Net property income increased- tick
    Increased in Retail, office and residential space
    Occupancy increase- tick
    Gone from 97.3% to 97.5%
    Dividend increase- tick
    18c for half year and forecast 18c for next 6 months

    The company has approx $50M net cash after paying out dividend which it looks like will be used for buying more strategic assets and buying back shares.

    IMO- A great stock for those who are patient and like making money.
 
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Currently unlisted public company.

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