excellent result, page-3

Now Peppie

APZ use a cap rate of over 10% - you go and buy a commercial building giving that, best of luck - Karratha village 17%
Gearing - one of the lowest - still paying a dividend - gone up from 27cents to 41cents - valuations are recent despite Bullsweepers comments - valuations effect nothing more than there gearing levels - the satellite funds that where going to fall over are still there - their income from funds management is down, was expected but rental is up

The wages paid to the two founding directors is a joke but the company is most definitely not and some here have made disparaging remarks about their balance sheet in 12 months time but with no details so that's down ramping pure and simple

Yes Peppie go easy on Jenesaiquoi as they may prove to be closer to the mark than many here would care to admit

Clyde