STR - Stride Property [ex DNZ Property]

[777]

Yes PT the whole announcement is complete dross.

The name change unnecessary.

[Baa_Baa]

Diversified to buy Westfield's Hamilton and Lower Hutt shopping malls.

http://www.stuff.co.nz/business/7451...ded-after-sale

https://www.nzx.com/companies/STR/announcements/274259

[heisenberg]

I've been reading through the comments about this property trust from 2007-2012 which are mainly filled with negativity.. In 2016 has sentiment changed at all? Any buyers/holders out there?

[Snow Leopard]

I've been reading through the comments about this property trust from 2007-2012 which are mainly filled with negativity.. In 2016 has sentiment changed at all? Any buyers/holders out there?

Beautiful long term uptrend in price, OK uptrend in dividends (for me).

I have held them for years - will not be buying any more in the foreseeable future though.

Best Wishes
Paper Tiger

[fungus pudding]

I've been reading through the comments about this property trust from 2007-2012 which are mainly filled with negativity.. In 2016 has sentiment changed at all? Any buyers/holders out there?

I hold 200,000 Stride. Seem alright to me.

[In4a$]

Been a steady uptrend for me,

[Baa_Baa]

Things getting a bit wobbly? Stride buys two new shopping malls, trying to swallow those, and restructuring around that line of business while Northgate and Johnsonville malls appear to be struggling for survival. Speed wobbles?

Northgate - http://m.nzherald.co.nz/business/new...ectid=11609164
Johnsonville - http://www.stuff.co.nz/business/8036...ailers-pack-up

[In4a$]

Things getting a bit wobbly? Stride buys two new shopping malls, trying to swallow those, and restructuring around that line of business while Northgate and Johnsonville malls appear to be struggling for survival. Speed wobbles?

Northgate - http://m.nzherald.co.nz/business/new...ectid=11609164
Johnsonville - http://www.stuff.co.nz/business/8036...ailers-pack-up

Price is "Wobbling" back on its way up though , may it continue

[Lewylewylewy]

I had a better look at jville mall the other day... there are about 3 shops empty and one with what looked like (in terms of style: paper covering all windows, saying 50% off) a closing down sale. The mall is a busy place for people to eat at lunchtime, but not many going into shops.

[lissica]

Things getting a bit wobbly? Stride buys two new shopping malls, trying to swallow those, and restructuring around that line of business while Northgate and Johnsonville malls appear to be struggling for survival. Speed wobbles?

Northgate - http://m.nzherald.co.nz/business/new...ectid=11609164
Johnsonville - http://www.stuff.co.nz/business/8036...ailers-pack-up

It's struggling because they haven't bothered investing after getting resource consent 7 yrs ago. There is NO reason why a revamped mall would not do well. It is perfectly located in the fastest growing part of Wellington.