16 Nov 2021
Palace Capital* - Good Interims – Capital Redeployment in View
Palace Capital has reported a good set of interim results where many of the trends were known from the recent trading update. Improving rental income, rising dividend and asset sales for capital recycling represent attractive characteristics which are underpriced in the stock in our view. Buy
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Palace Capital* - Good Interims – Capital Redeployment in View
Palace Capital plc (PCA:LON) | 238 -11.9 (-2.1%) | Mkt Cap: 89.4m
- Published:
16 Nov 2021 -
Author:
Andrew Simms -
Pages:
7
Palace Capital has reported a good set of interim results where many of the trends were known from the recent trading update. Improving rental income, rising dividend and asset sales for capital recycling represent attractive characteristics which are underpriced in the stock in our view. Buy