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Scentre Group

 

Buy Scentre Group shares

SCENTRE GROUP (SCG) Shares

ABOUT SCENTRE

Scentre Group Limited is a shopping centre company that owns and operates a portfolio of shopping centres in Australia and New Zealand.

These retail destinations operate under the Westfield brand. The corporation undertakes ownership, development, design, construction, funds and asset management, property management, leasing, and marketing activities for its centres.

The Company’s strategy is to invest in quality regional shopping centres through redevelopment, capitalising on its vertically integrated operating platform.

Scentre Group Limited is the parent company of Scentre Group Trust 1 (SGT1), Scentre Group Trust 2 (SGT2) and Scentre Group Trust 3 (SGT3). The company was established in 2914 and its headquarters are in New South Wales. 

OVERVIEW OF SCENTRE

  • Scentre Group Limited operates through two segments: Property investments segment, which obtain net property income from shopping centers, and Property and project management segment, which obtain external fee income from third parties, primarily property management and development fees, and associated business expenses.
  • The company manages every aspect of its portfolio, including from design, construction and development to leasing, management and marketing.
  • Scentre Group currently has interests in total assets worth AUS Dollar 38.6 billion, owning more than 40 shopping malls in Australia and New Zealand − with more than 3.8 million square meters of retail space.

VISION & VALUES OF SCENTRE

  • Scentre Group Limited believes in being a responsible business that aspires to connect and enrich the communities they serve. Its Sustainable Business Framework is anchored in four areas: their community, their people, their environmental impact and their economic performance. Communities are at the heart of the organisation’s purpose: creating extraordinary places, connecting and enriching them.
  • This engagement is fundamental to the company’s success and contributes to strengthening social wellbeing and cohesion.
  • Central to their sustainable business framework is preserving resources for future generations and leaving a positive legacy.
  • They continue to reduce energy consumption, build assets to be climate resilient, divert waste from landfill and promote recycling. Scentre Group Limited follows this sustainable value chain to ensure that current and future needs of customers are met and aims to maximise returns, income levels, growth and capital appreciation for shareholders who purchase shares with them.

MARKET PERFORMANCE OF SCENTRE

  • Scentre Group Limited’s shares trade on the Australian Securities Exchange (ASX) under the stock symbol SCG, listed in the Real Estate sector.
  • Highlights of the company’s performance include starting 2019 with a 2018 income statement of US Dollar 2,635.10 million in revenue and net income of US Dollar 2,287.20 million. Profit margin was 86.80%. The company had total assets of US Dollar 40,875.00 million and total liabilities of US Dollar 17,009.20 million.
  • Due to Scentre Group Limited’s continued good performance on this market shareholders can buy or sell shares with confidence and expect sound dividends and returns in 2019 and further.

Buy SCENTRE stocks / shares – A Step by Step Guide how to Buy / Purchase SCENTRE Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy SCENTRE Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN SCENTRE STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE SCENTRE STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of SCENTRE stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy SCENTRE stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

 

Author Details

Picture of Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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