DXS - Dexus Property Trust

[nulla nulla]

And ramp up it did. Finding a new range between $1.05 and $1.09. The market certainly likes the A-REIT's when they innitiate a take-over. And this one seems to be likely to get across the line with the sweetened bid of $1.205 (cash & scrip) for CPA finding support from the independant directors of cpa (in the event there are no other better offers as usual).



It will be interesting to see the changes to DXS's nta and income stream and whether or not it can hold these levels at a premium to the current nta. The next move should be to consolidate 3 shares for 1 to encourage the bigger fund managers to take up a stake.

As always do your own research and good luck.

 

[nulla nulla]

If it wasn't for the mirk of the CPA bidding contest between Dexus and GPT hanging over the Dexus share price and the drop in the AUD$ against the US$ (and pretty much every other currency) I would almost rate $1.04 as a good entry point.



As always do your own research and good luck.

 

[nulla nulla]

Hindsight is such a wonderful thing.



Given that the Dexus share price is now hovering around $1.11+ I would say now that $1.04 was an excellent entry point, for those that entered. As always do your own research and good luck.

 

[goccipgp]

DXS has an ongoing P/E of 10.75, which indicates that it is undervalued. Technical buying signal at ************ with the short term target of 1.402.

 

[nulla nulla]

DXS has an ongoing P/E of 10.75, which indicates that it is undervalued. Technical buying signal at ************ with the short term target of 1.402.

While I agree that the low price earnings multiple of Dexus indicates that the share price is undervalued, particularly as the average price/earnings multiple for shares in the A-REIT sector is around 16, I think you might accumulate a few dividends before Dexus reaches $1.402.



The seven year chart shows that Dexus hasn't seen $1.40 since 2008. What analysis do you use to arrive at a short term target of $1.402?

 

[thirstcrusher]

Hi
Can anyone tell me why Dexus shares are suspended?

 

[Garpal Gumnut]

Hi
Can anyone tell me why Dexus shares are suspended?

?Reconstruction.

Try DXSDA

gg

 

[skc]

Hi
Can anyone tell me why Dexus shares are suspended?

They went 1-for-6 consolidation, so what was a $1.20 per share is now $7.20.

 

[thirstcrusher]

They went 1-for-6 consolidation, so what was a $1.20 per share is now $7.20.

Thanks skc

 

[nulla nulla]

Hi
Can anyone tell me why Dexus shares are suspended?

They went 1-for-6 consolidation, so what was a $1.20 per share is now $7.20.

They wanted to make the share too expensive for day traders to want to day trade it, hoping to bring some stability to their share price. Seems to be jumping around a bit still though?

 

[nulla nulla]

As can be seen from the attached chart, since July of this year, Dexus (Candlesticks) was tracking the XPJ Property Sector (Continuous line) until Mid November when it gapped downwards.



I don't know of any real explanation for this (although it does follow on from the consolidation of 1 share for every 6 held). If Dexus had continued to track the XPJ the share price would be around the $7.40 - $7.50 level by now.

As always do your own research and good luck.

 

[VSntchr]

As can be seen from the attached chart, since July of this year, Dexus (Candlesticks) was tracking the XPJ Property Sector (Continuous line) until Mid November when it gapped downwards.

View attachment 60788

I don't know of any real explanation for this (although it does follow on from the consolidation of 1 share for every 6 held). If Dexus had continued to track the XPJ the share price would be around the $7.40 - $7.50 level by now.

As always do your own research and good luck.

Nulla your giving the mean reversion traders movement in the pants with graphs like that!

I actually traded DXS quite often pre-consolidation but had to give it a break while my system recalibrated with the changed price..it is firmly back on my radar now though and I am actually holding a parcel.

It seems that quite a few of the AREITS have gone out whack recently and I think the strong AUD has moved alot of money into the likes of WFD and GMG from some of the others with only domestic exposure...

 

[coolcup]

It seems that quite a few of the AREITS have gone out whack recently and I think the strong AUD has moved alot of money into the likes of WFD and GMG from some of the others with only domestic exposure...

This is exactly right. Offshore exposed REITs have been outperforming and these are heavyweights in the index (WDC and GMG).

 

[nulla nulla]

One for the technical analysts. I see a pennant forming in recent price action for Dexus, is Dexus shaping up to breakout upwards or downwards?

 

[nulla nulla]

Whooshka..... After lagging behind the rest of the A-REIT's last week DXS took flight today like a Saturn Rocket blasting off from Cape Canaveral. Having picked up parcels as the share price dropped past $7.11 to test $6.90, I was very pleased to ride todays action, hitting the eject button on the last parcel at $7.25. But wait.. there was still fuel in the tank and the DXS rocket ship blasted up to $7.32.




Gasp Wheez, with one and a half days to go before it goes ex-div can the fuel (and Santa rally) last long enough to reach the 6th November 2014 high of $7.46?

 

[nulla nulla]

Sideways and volatile, that's about the only way I could think to describe the recent trading pattern of Dexus.




Todays close was a surprise. After flirting with $7.32 on Wednesday and turning over strongly between $7.18 and $7.20 on Thursday, the push down in the close to $7.05 (after averaging around the $7.11-$7.12 through the day) was totally unexpected. No negative local news and hard to see a connection with the Swiss Franc. As always do your own research and good luck.

 

[nulla nulla]

I find it odd that Dexus, having previously underpinned the A-REIT sector, is once again lagging the A-REIT sector?



Is Dexus seen as a possible suitor of other A-REIT's and thus being sold down in advance of a further takeover offer of some-one like Investra Office or Mirvac? Or is it something else?

 

[SilverRanger]

I find it odd that Dexus, having previously underpinned the A-REIT sector, is once again lagging the A-REIT sector?

View attachment 61997

Is Dexus seen as a possible suitor of other A-REIT's and thus being sold down in advance of a further takeover offer of some-one like Investra Office or Mirvac? Or is it something else?

Having acquired CPA less than 1 year ago, I suspect we won't see them doing much this year. Any dip out of nothing is always good so I'm in.

 

[nulla nulla]

DXS is still lagging the A-REIT sector but appears o be finding plenty of support in the $7.62 - $7.66 area with resistance around $7.78. Mind you on three trading days out of the last thirteen DXS has opened at $7.88 before fading back to the low $7.70's.



As always, do your own research and good luck.

 

[dyna]

As a long term holder,I've done well outta this one.Rising interest rates might finally pop that toppy share chart,once and for all,though.I notice,the Fundies coughed up all the dough for their entitlement in the recent SPP,so I'm tempted to roll the dice with a $15,000 punt in the crumbs left over for the mums and dads....5.18% yield...mmmm,that's kinda tempting,but what about a 17% PE ratio? REIT's ain't cheap in this market.