I think that's one of the hardest questions you could ask. It depends on our economy, the US economy, US retail in particular, plus interest rates for their huge debt and any possible restructuring. Roll the dice on this one.
It seems from my reading of the situation that CER is in a much better situation. (Hence I hold CER and not CNP.)
Yes CER touched 20.00 cents today, but CNP has greater potential, i hold both, remember what these stocks were worth before the meltdown.
Two points there.
Don't confuse shareprice with value.
CNP has taken on a huge amount of debt since and a lot of this is potentially going to result in massive dilution for current shareholders if it ends up being converted to equity.
Just the one point
Don't confuse Debt with Loss
Show me a Property stock in Australia with land and assets in the US and AUS without debt.
Two points there.
Don't confuse shareprice with value.
CNP has taken on a huge amount of debt since and a lot of this is potentially going to result in massive dilution for current shareholders if it ends up being converted to equity.
Could you give an hypothetical example (or a real life one for that matter) of the above, step by step, including where the 8% return is derived, and how it is 'spruced up' to 12%?So what the company does is borrow at say 6%, buy property, collect the 8% rent and add this to the equity pile, using somewhat aggressive lending, you can take a boring 8% return on equity and spruce it up to 12% making it more appealing to income investors, but perversely making it less stable.
Could you give an hypothetical example (or a real life one for that matter) of the above, step by step, including where the 8% return is derived, and how it is 'spruced up' to 12%?
CNP up 12.50% to 18.00 cents today, and CER up 17% to 21.00 cents also today not a bad WINDFALL. Most Aussies have 80% debt on their homes does that call for panic.
What's with the latest trading halt? Can't find a reason for it on anywhere. Anyone?
Where's the pls explain ?
There's nothing on CNP's recent announcements.
After seeing the sign off on the first page of the trading halt, I assumed there was no second page. One to remember for the future.It's referred to in the Trading Halt announcement though. Probably an oversight on CNP's part.
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