McDonalds - Seems like a great Investment

[ROE]

I like WDC as well, I have nearly $500K in WDC already.

I would however like WDC to do a few things before I would say they had the whole package though, mainly in regards to capital management.

1. I would like them to cancel the DRP
2. I would like them to reduce the dividend payout ratio to about 50% of free cashflow instead of 100% (this is already on the cards for fin year 2010)
3. With the retained free cashflow I would like it to be split into 2 areas, 1, investing in new developments and clearing debt,.. 2, a permanent systematic share buy back scheme.

but paying more than than earning is what real estate is all about, it's the norm for Residential investment, so WDC will defined the industry best practice hahaha j/k

Why dont you write to Uncle Frank Lowy I write to the CEO when I think they went off the track and remind them DEBT is a dirty 4 letters words. I said Hello, you here to make money not to let the banks grab your balls.

They may not listen but it may sit in their head some where and maybe come around to it some day

 

[Ageo]

As a business Mac's leaves every other fast food chain to dead. Case closed.

 

[Krusty the Klown]

What is risk?

1. Higher risk = higher return?

This is crab, I can buy stock that has little risk and offer bloody good returns...

to me risk is NOT if the stock is a mid cap or small cap stocks or have high beta or what ever industry generalise.

To me stuff is risky if I buy something I'm clueless or lazy or I still buy even thought it didn't pass my ten commandments of investment.

and I'm human and sometimes I do get lazy.

Once a stock pass my ten commandment it provides little risk and deliver great return

Very few stocks pass the ten commandments so I buy and I buy lot if and when it does..

I read lot of bankruptcy company annual reports and I run my 10 commandments over it and it failed many Not a single company pass the 10 commandments and ever gone bankrupt

I can tell you TRS and REH going to be around long before you and I left this planet if you think small is risky .

As long as you address the risk.

I must admit I agree with you here. The more due diligence you undertake the less risk you carry regardless of the asset or asset class.

Whether its Little Mary's lemonade stand in the neighbor's yard or Enron.

 

[Tysonboss1]

Why dont you write to Uncle Frank Lowy I write to the CEO when I think they went off the track and remind them DEBT is a dirty 4 letters words. I said Hello, you here to make money not to let the banks grab your balls.

They may not listen but it may sit in their head some where and maybe come around to it some day

Maybe some one from Westfields does read this forum,

WDC has suspended their DRP, Woo Hoo , this along with dividends being cut back to 60% of free cash flow as announced last year should see some good balance sheet strentgh building.

Now lets get a longterm share buy back plan started.

 

[Boognish]

It's probably been mentioned in the thread but Maccas would have to be one of the most canny real estate investment companies in the world.