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ACR, SCP & DXS

Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

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ACR, SCP & DXS

Hi , I have held ACR for a long time and it is showing a small loss it is about 1 % of my portfolio , I expected it be a long term play but not a forever one ...but would like your thoughts ?...to cut and run ? SCG I have a 12 % profit plus dividends ...seems to have stalled thinking to move my money some were else maybe to DXS....your thoughts ? I find the reports great so keep them going. Thanks Glenn.

Answer

Hi Glenn,

Thanks for the thumbs up much appreciated and just a quick reminder that we provide general as opposed to personal advice which means we don’t take into consideration any subscribers individual circumstances in our responses.

  • Acrux (ACR) is a $40m pharmaceutical company which continues to rotate around the 15c area hence we remain neutral at best from a technical perspective. I don’t know a lot about this company.
  • We do prefer the longer term outlook for the currently depressed office market via Dexus (DXS) than the currently depressed retail market which Scentre (SCG) has exposure to.
  • Dexus (DXS) is already making post COVID highs which as holders in our Active Income Portfolio is obviously pleasing.
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Scentre Group (SCG)
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