ALZ australand property group

australands financials excellent, page-2

  1. 1,214 Posts.
    Results excellent? Talk about NFI.

    Sales - down
    Debt - up

    The only reason the profit result improved was because they revalued properties upwards by $56m.

    Management expects zero (read that - zero) increase in distributable profits for the full year.

    Yeah, this one's to da moon, fer sure!

    When you look in the Goblin Dictionary of Investment Terms, it defines "Excellent" as NFI.

    eehhheeeee.

    Go back to your pineapple fields, Gobbo - before the bank repossesses the land to pay your margin calls!

 
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