Search
Brendan Gore is confident the WA market will ‘normalise’ during the next year or so. Photo: Attila Csaszar

Investors back Peet’s chirpy tune on growth

Most people who live in Perth will have been affected in some way by the activities of Peet, whether they know it or not.

Peet is Western Australia’s oldest surviving residential property developer, and is a business that plays an interesting role as a canary in the state’s economic minefield.

The nature of Peet’s 122-year-old business – buying vacant land for residential development, servicing it with roads, water, power and other amenities, and then selling it to homebuyers – means that demand for its product is a key forward indicator of future economic activity.

Login

(existing subscribers)

The password field is case sensitive.
Request new password

Register for free

Sign up here for free access to 7 articles per month + twice daily business email alerts.

CAPTCHA
Thanks! This question prevents spammers...
Image CAPTCHA
Enter the characters shown in the image.

Add your comment

Peet (PPC)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 28/04/17

1 year TSR5 year TSR
80thEmeco Holdings183%-38%
130thGR Engineering Services93%11%
227thSchaffer Corporation44%19%
253rdPeet37%11%
334thFleetwood Corporation18%-30%
707 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

23/01/17
$2k Bought
09/01/17
$480k Bought
21/12/16
$0 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

23rd↑Emeco Holdings$287.0m
24th↓Fleetwood Corporation$287.0m
25th↓Peet$268.1m
26th↑GR Engineering Services$257.9m
27th↑Schaffer Corporation$219.3m
226 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from Peet

8thBrendan Gore$3.735m
36thPeter Dumas$1.373m
103rdDom Scafetta$825k
Ranked by total remuneration from all listed WA companies

BNiQ Disclaimer