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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