I notice that Scentre Group has retraced to an amount that is close to your BUY price. When I look at their Balance Sheet, however, I notice that they have loan debt of around $13 billion with a Shareholder Equity of around $ 22 billion. I always understood that that percentage of Debt to Equity is too high to be comfortable for a shareholder and some of that debt is in US dollars which may exacerbate the problem. Am I missing something here?
The email address you entered is registered with InvestSMART
Please login to continue
We have sent you an email with the details of your registration.
Looks you are already a member. Please enter your password to proceed
{{ upgradeCTAText }}
Please make sure your payment details are up to date to continue your membership.
Having trouble renewing?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
It may take a few minutes to update your subscription details, during this time you will not be able to view locked content.
If you are still having trouble viewing content after 10 minutes, try logging out of your account and logging back in.
Still having trouble viewing content?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
Registration for this event is available only to Eureka Report members. View our membership page for more information.
Registration for this event is available only to Intelligent Investor members. View our membership page for more information.
Please enter your email address below to request a new password