ARG - Argosy Property.

[winner69]

market seems to be looking out past next year...

winner(n) you may be right .

Markets always forward looking .... even if they can't predict the future

[Waltzing]

Winner(n) US 10 YR restarting to move up tonight..

a day later and its heading down below 2.9.

Pricing in a recession and that means defensive stocks like ARG are Winners?

[BlackPeter]

Winner(n) US 10 YR restarting to move up tonight..

a day later and its heading down below 2.9.

Pricing in a recession and that means defensive stocks like ARG are Winners?

I reccon it depends.

If inflation and interest rates go up, REITS will keep going down.

If inflation and interest rates go down, REITS will go up;

If inflation stays but RB too timid to keep rising rates, we might move towards the Japanese model of stagflation. Good for nothing.

Take your pick.

[Waltzing]

with the RBNZ now advertising for advisors with out economic degrees who needs statistical data sets from the economy.

chance of political agendas effecting OCR rates is possible if social issues are placed at the heart RBA decisions.

Some inflation fears appear to be abating slowly.

markets price ahead by several years and thats why there is the P/E ratio.

NAT GAS and WTI are trending down.

Winner(n) called it.

[Rawz]

High inflation leads to higher property prices sooner or later.

[ralph]

High inflation leads to higher property prices sooner or later.

We already have the higher property prices Rawz , that's the fuel for inflation later will be long time

[Waltzing]

well out performed the market must be the darling of the pack...

LEK's chart will show the big picture.

the US 10 yr is wobbling around for all sorts of reasons, recession, inflation its as if it doesnt known which direction to go.

[Waltzing]

off with some good trading support today. Should be lower with a higher yield curve but NOOOO!!!

[ronaldson]

Interesting close today at $1.33, up 5c, albeit now a significant gap between buyers at $1.285 and sellers at $1.34, large for a relatively liquid share in this price range. Not dissimilar for ARV which I also hold, close at $1.46, up 3c on the day with buyers at $1.42 and sellers at $1.46. You could infer from recent price action in both cases that momentum is positive rather than negative, thou ARG's pie yield has now dipped to just below 5%.

I did note that Graeme Hart has just achieved a record m2 rental on a largish industrial property near the airport. I like the thesis that existing buildings/developments cannot be replicated currently at past costs so are a natural hedge against inflation (though not against rising interest rates). There is still a real gap between current pricing and the last notified NTA at $1.74 so where to from here?

[Waltzing]

Ten YR US moved back under 3 rapidly..

NZ Ten moving back also

http://www.worldgovernmentbonds.com/...%20last%20year.

who desnt track these at the moment...

doesnt mean in the next 2 years these stocks will rally until inflation is moving the other way and OCR also cuts back..

Winner is a big BALIV'A in yield curves