ALZ australand property group

ALZ is certainly reaching good heights, but don't get carried...

  1. MJS
    2,294 Posts.
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    ALZ is certainly reaching good heights, but don't get carried away by emotion with this one if you are not in and think you've missed the boat. A solid stock, yes, but it should be primarily priced by what sort of yield it should trade on. At these levels the yield is ok, but not a no-brainer like it was when under $1.50 not so long back.
 
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