DXS 1.25% $7.28 dexus

So, what's DXS done for me lately? First there's the announced...

  1. 1,958 Posts.
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    So, what's DXS done for me lately?

    First there's the announced share buy back of "up to 5% of DXS shares on issue," which could effectively place a floor under the sp, or at the very least provide strong sp support, begun here...

    http://hotcopper.com.au/threads/ann-dexus-on-market-securities-buy-back.2586197/?post_id=15914536

    ... and, oh, looky here, it's true:

    http://hotcopper.com.au/threads/ann...-notice-appendix-3e.2605314/?post_id=16085318

    Not good enough? Not safe enough? So, what's DXS going to do for me? Guidance going forward, ultimately into my pocket:

    http://hotcopper.com.au/threads/ann...emium-to-book-value.2604672/?post_id=16081054

    Bottom line takeaways: "5.50-6.0% growth in FFO per security," But let's be honest, it's about the divvie, with the yield now hovering around 6%. Not good enough? Guidance is, "growth in ditribution per security of 5.5-6.0% for the 12 months ending 30 June 2016."

    Still not enough? Well, buildings are on land, Land is a "commodity," Mark Twain noted:

    "Buy land, they're not making it anymore..."

    OV
 
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