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Author Topic: Arrowhead plans yet ANOTHER listing  (Read 6106 times)

Fawkes85

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Arrowhead plans yet ANOTHER listing
« on: November 19, 2015, 07:22:15 am »
http://www.moneyweb.co.za/news/companies-and-deals/arrowhead-plans-yet-another-listing/

"Arrowhead will spin off about 101 office, retail and industrial properties – collectively valued at R1.9 billion – into the new fund that will list on the JSE’s mainboard. Properties worth R50 million or less will be transferred into Cumulative Properties, allowing Arrowhead to focus on higher-priced properties."

What you guys think of this? Quite frankly I think the property listings are getting out of hand. Listing bubbles maybe starting to form?
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Mr_Dividend

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Re: Arrowhead plans yet ANOTHER listing
« Reply #1 on: November 19, 2015, 08:58:56 am »
have been happy with the income from my Arrowhead A's - you might find this interesting Fawkes.

Have had them for 2.5 years, and they pay out divis quarterly.

cents: 15, 15, 15.1, 16.19, 17.115, 18.215, 18.6, 18.7, 18.91 and last one 19 so have had a 27% increase in dividends in 2.5 years

and on my original investment received 7.77% the first year, 9.21% the second and at a guess 10.5% this year.

21% capital growth on the share.

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Fawkes85

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Re: Arrowhead plans yet ANOTHER listing
« Reply #2 on: November 19, 2015, 09:11:46 am »
Was interested in them but I make a point of not investing in companies that have more debt than they have assets. This was the case for Arrowhead up until the release of their last results. So will keep my eye on them.
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