ARGOSY PROPERTY LTD NPV
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Argosy Property

On a Tare
Fundamentals are Crazy Good
Consistent Yearly Net Profit (After All Expenses) Average approx 100 Mill since 2016

Has approx 100 properties
Retail - Commercial - Industrial
Auck - Well - Hamilton

Leases Buy and Sells it's portfolio

Recently Sold 80 Springs Road Auckland for $379,500 profit 2.3% on 16.5 Mill

Get a load of this bro's and sisters
Operating MMargin 118.84%
Net Profit Margin 95.52%

All Property Companies have similar Fundamentals good business to be in.

Revenue Growth over next 5 years only 1.28% but consistent

Would have thought being in Retail Property especially would be a worry but doesn't look like it.

Moving Ave Brought Oct 7th up 2.9%
Macd Brought Oct 1st up 4.1%

Strong Buy imo

Buy the way housing market in USA is strong with interest rates being as low as they have ever been and will continue to be for a few years to come at least according to the Fed.

Would love to put the link to the Web Site but House Rules say "No"

Sorry about that.

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