MCW 0.85% 58.5¢ macquarie countrywide trust

Impressive numbers aren’t they. Invested completely in the U.S...

  1. 64 Posts.
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    Impressive numbers aren’t they.

    Invested completely in the U.S in a market that is in free fall and a tightening credit environment. My main concern was with their total assets valuation figure and how accurate it is. With a fairly high gearing level (around 50 % from memory) how much higher is it now with property values decreasing.

    I would never criticize anyone who has brought MCW (very nearly did myself). I hope that everone invested makes a nice profit (not too nice, as I didn’t buy any). IMO there are better risk/rewards in other stocks.
 
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Currently unlisted public company.

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