AVE 16.7% 0.3¢ avecho biotechnology limited

A further 60 units to be online by June 30. Add that to the...

  1. 1,388 Posts.
    A further 60 units to be online by June 30. Add that to the recent acquisition and development pipeline. + the forecast to increase earnings per share by 5-10%. I really
    like the look of this company and have done for some time.

    I think as long as they continue with there conservative approach and long term additional infill development plans they will be a great stock to hold on to.

    They definitely would still be in the sights of some of the larger players with there mature position, reputation and significant development pipeline. I am almost a little surprised that one of the large development companies looking to operate in this space hasnt acquired them. I think they would be a great fit with someone like a multiplex or stockland whom I am sure would love to utilise some of there residential pipeline to create homes which would then be managed by there "aged care arm".
 
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