CER
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0.00% 32.0¢ centro retail group

Hi Haiji,The $200M underlying profit comes from a gross asset...

  1. defabs
    4,538 Posts.
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    20/05/11
    00:01
    Post #: 8426959
    Hi Haiji,

    The $200M underlying profit comes from a gross asset value of $4.6b and net assets of $3b for the Centro amalgamated portfolio according to JP.

    The units we hold would be diluted as a result of the amalgamation. CER's Aust portfolio is currently valued at $1.6b.

    10c sounds good but it might still be a while yet before we get to that mark!

    Cheers
    CER Price at posting: 37.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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