Small Cap Stocks Down Under 11 December 2020: Cedar Woods Properties, APN Property Group, Freedom Foods Group

Cedar Woods Properties: Strong pipeline to drive growth as housing market heals

In today’s edition of Small Cap Stocks Down Under, Perth-based Cedar Woods Properties is a property developer with assets in Western Australia, Victoria, Queensland and South Australia. In addition to residential communities, it develops commercial properties which are in high amenity locations and often near a train station. We like the geographic and sector diversification, profit history and robust development pipeline of this developer. Following a sharp pandemic induced downturn that culminated in a share price below $3.00, the company seems to be at least partially out of the woods. Presales are trending above last year’s levels as Australia’s residential property market continues down recovery road.

Also in today’s edition, a look at real estate investment manager APN Property Group (ASX: APD) and food producer Freedom Foods Group (ASX: FNP).

Get access to all editions through a 30-day FREE TRIAL. No credit card required and the trial expires automatically.

GET A 30-DAY FREE TRIAL

Click here to read the previous edition of Small Cap Stocks Down Under published 4 December 2020

For in-depth research reports or to keep up-to-date on the latest Stocks Down Under news see our parent company, Pitt Street Research, or follow us on Facebook and Twitter