ALZ australand property group

some facts to ease fears

  1. 1,219 Posts.
    There have been some fear sown (for reasons unknown)
    about ALZ being about to sink due to excessive debt.

    Here are some figures for the half-year to 30/06/07
    and 30/06/06 expressed in millions of dollars:

    Half-year to 30 June 07 06

    Revenue 410 442
    Net profit 132 98
    Total assets 3558 3503
    Total liabilities 1789 1790
    Net assets 1768 1712

    Net tangible assets
    per security $1.62 $1.46

    Adjusted gearing ratio 40.7% 39.8%

    Margin over 90 day bills 0.22% 0.50%

    If somebody wants to have a nervous breakdown
    (over those figures) or has a hidden agenda
    to punish ALZ, that's beyond my control
    but I'm quite happy with ALZ and have
    a suggestion for those who aren't:




    When all else fails, try group therapy
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.