Stockland: building a profitable future

After a staggering fall in its security price, investors have written this property developer off. Jason Prowd explains why it's now on his watchlist and the price he’d possibly upgrade it.

As the security price of property group Stockland hit a record $9.28 on 07 Dec 07, the global credit boom was beginning to come unstuck. In the two short years that followed, Stockland’s security price plummeted 76% to $2.17. It was a savage fall for a supposedly low-risk blue chip investment.

As capital raisings flowed and governments bailed out banks, the fear subsided and stock prices rebounded. But then Stockland's security price came back, and has slumped 28% from a post-GFC high of $4.21 to $3.03 today.

{{content.question}}

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa
Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles