Intelligent Investor

Stockland Trust Group

By · 5 Dec 2001
By ·
5 Dec 2001
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Recommendation

Stockland - SGP
Current price
$4.38 at 16:40 (19 April 2024)

Price at review
$4.28 at (05 December 2001)
All Prices are in AUD ($)
We apologise for not updating this stock sooner because we know a few of you own it. Stockland has a different strategy to General Property Trust which we reviewed in issue 93. And after taking a good look we think may offer more value than Tim Shaw in a room full of steak knives. The stock provides a great income stream and the scope for capital gains over time. We've upgraded it to a BUY FOR YIELD, find out why in the next issue.
IMPORTANT: Intelligent Investor is published by InvestSMART Financial Services Pty Limited AFSL 226435 (Licensee). Information is general financial product advice. You should consider your own personal objectives, financial situation and needs before making any investment decision and review the Product Disclosure Statement. InvestSMART Funds Management Limited (RE) is the responsible entity of various managed investment schemes and is a related party of the Licensee. The RE may own, buy or sell the shares suggested in this article simultaneous with, or following the release of this article. Any such transaction could affect the price of the share. All indications of performance returns are historical and cannot be relied upon as an indicator for future performance.
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