MGR
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0.00% $2.20 mirvac group

revises fy09 guidance: announces initiatives, page-4

  1. 2ic
    1,317 Posts.
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    06/11/08
    11:14
    Post #: 4471967
    Great trade this morning. Bought in first thing and will ride it up to $1.20 today. It should go to $1.35 shortly based on a 10% yield metrics given it will be paying out 100% of investment trust earnings FY09. Completely derisked and at 10% yield from investment trust only who cares if the Development devision makes no money for a couple of years.

    Only a quick trade for mine though

    goodluck
    MGR Price at posting: $1.04 Sentiment: ST Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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