URW was the markets best performing real estate stock yesterday rallying almost 4% in what was a very strong day for most of its peers. The markets giving the thumbs up to the companies intention to leave the US by the end of 2022 reducing debt to become a European focused business – an asset fire sale of ~$5bn. We see another ~10% upside in the stock from current levels.
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Performance update for March, stocks that drove returns & our current positioning
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Friday 26th April – ASX200 -101pts, Newmont (NEM), Resmed (RMD) & Super Retail (SUL)
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Market Matters Research Lead Shawn Hickman with David Koch
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MM likes URW short-term
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Performance update for March, stocks that drove returns & our current positioning
Recorded Tuesday 9th April
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Friday 26th April – ASX200 -101pts, Newmont (NEM), Resmed (RMD) & Super Retail (SUL)
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Market Matters Research Lead Shawn Hickman with David Koch
Recorded Monday 25th March
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