ALZ australand property group
Add to My Watchlist 0.00% ! $4.46

big asset writedowns, page-2

  1. dharry
    2,762 Posts.
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    20/07/09
    20:59
    Post #: 5410422
    Writedowns don't bother me that much because vacancies are low and it's operating profit that's important. When the recovery comes and credit spreads retreat cap rates will go back down. ALZ cheap imo. All development profits are being retained.
    ALZ Price at posting: 46.3¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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