buy the weakness, page-26

Yes, I have to agree with you that falling through the 90c support was not a good sign, but we are in a volitile market and fund managers are putting cash on the sidelines or pushing clients towards resource stocks for the time being.

If the other reits were'nt getting smashed I would be worried, the fact that they are moving together (VPG has fallen back in line over the last 4 weeks) means it's a "across the board" mentality.

So the sector is out of favour, but life & business goes on...............The way I look at it is "if I buy VPG at 98c and get the second div payment (which I will) then my cash has made a 14% return on investment, if the price recovers to 98c inside 12 months and I sell, then that is a good investment".

My plan is to hold this stock for a very long period, because you just can't go wrong investing in property over the longer term.
You should buy when assets are out of favour if your view is long.

I will get a fairly good return on investment via dividends (most likely better than what I can get in the bank).
One day it will start to recover or get taken over and I will enjoy the capital growth phase.

Of course the risk is that the company will go bust (knock on wood) but when I look at their class of assets I believe that to be highly unlikely.
So I hold 180,000 shares long, and I trade approx 80,000 shares on the weakness and don't sweat it if I miss the exact bottom or top.
Better days ahead imho, but that will take time.