22/08/2024 09:33

Charter Hall Group (CHC) $14.01

Property fund manager CHC surged +15.79% on Wednesday after delivering strong guidance for FY25 for earnings and distributions. The advance sent the stock to fresh 18-month highs, making it the second-best ASX200 stock on a big day of earnings numbers. CHC delivered 2024 earnings slightly above estimates while flagging a healthy 6 per cent rise in distributions in the coming year. The solid result, combined with strong forward guidance, saw the stock re-rated from the opening bell:

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01/08/2024 09:41

Charter Hall Group (CHC) $12.68

We have been bullish towards the Real Estate Sector over recent months, and yesterday’s moves following the CPI have amplified this. As an investor and real estate developer,  CHC is well-positioned to benefit from falling interest rates over the coming 1-2 years. The stock rallied +6.9% on Wednesday, making it the best-performing name on the ASX200 at the same time, taking the stock into positive territory for 2024.

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26/03/2024 09:13

Charter Hall Group (CHC) $13.69

As an investor and real estate developer, CHC is well-positioned to benefit from the potential lower interest rate environment looming on the horizon. We can still see the stock testing $15 through 2024 or ~10% higher, but we would call it more of a hold than a “buy-in to dips” stock

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16/02/2024 09:01

Charter Hall Group (CHC) $12.36

CHC advanced +5% yesterday, making it the second-best performer to GMG. As an investor & developer of real estate, it's perfectly positioned to benefit from a lower interest rate environment. We can see the stock testing ~$15 through 2024 or over 20% higher as investors search for value in different areas of the market, helped by 1H24 results, which have been largely better across the sector.

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23/02/2023 09:14

Charter Hall Group (CHC) $13.36

CHC rallied +14.9% in January, very similar to GMG, again assuming we are correct another good move should be close at hand, the stock is currently heavy and under $13 the risk/reward becomes compelling. We don’t see CHC turning higher until rate sentiment pivots but that could happen shortly – one to watch carefully.

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02/02/2023 09:05

Charter Hall Group (CHC) $14.03

CHC is the second-best-performing property stock in 2023 having already rallied +14.9% however it’s been a very tough 12 months for this specialist property investor which should come as no great surprise when we consider the impact on the sector from the surge by interest rates.

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23/12/2021 09:35

Are Charter Hall saying Investment managers are cheap?

Charter Hall Group (CHC) fell 7.5% yesterday after announcing it was buying 50% of David Paradice’s Paradice Investment Management business valuing the company above $400m. The investment house was set up over 20-years ago and has evolved into one of Australia’s most respected boutique equity managers with $18bn of assets under management.

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23/08/2021 08:09

Reporting Today (ALD, CNU, GEM, NHF, RWC, SHL, VEA)

Companies reporting today on MM’s radar include: Ampol (ALD) 1H21 Results: Expectations for 1H21 NPAT of 171m & Dividend of $0.433 Charter Hall Group (CHC) FY21 Results: Funds From Operations (FFO) per share of $0.58, NPAT $269m & DPS of $0.38. FY22 expectations are for strong profit growth (+24%) to $333m Chorus (CNU) FY21 Results: Expectations for revenue of $947m, EBITDA of $645m, NPAT of $50.84m (down ~2% on FY20), EPS of $0.111, FY Dividend $0.25. Market currently pricing NPAT for FY22 of $49.25m, flat on FY21.

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04/02/2021 18:20

Charter Hall Group (CHC) $14.28

CHC invests across the real estate spectrum from office to retail and social infrastructure operating a number of unlisted funds such as CLW, CQR and CQE. As a group it has ~$45bn under management across 1300 properties clearly offering the investor significant diversification.

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