ALZ australand property group

Once upon a time, there was a little property developer, in a...

  1. 1,214 Posts.
    Once upon a time, there was a little property developer, in a tiny little country called Australia.

    This country was so small, that it only had 2% of the entire world market. However, it had a property developer, called ALZ and a sales manager called, "the Goblin" [he wasn't paid for the job, but he kept doing it anyway...hmmm].

    Now, this minnow of a developer (in a tiny market) had achieved a First in modern corporate history: it had become immune to world-wide credit conditions.

    Seems impossible, doesn't it? Not at all, for ALZ had the Goblin working for it, night and day.

    Who cares that the US Fed, ECB, Japanese CB, NZ Reserve, Aus RBA, etc. have found it necessary to pump hundreds of billions of dollars into the system during the past couple of days? That won't affect the Gobster's latest little precious.

    Somehow, this ALZ gem is exempt from everything which is anathema to each and every property development company which has ever developed anything...anywhere...in history (ie. credit availability).

    The credit crunch might concern the US, EC, UK, Nippon, NZ and AUS central banks, but it's of absolutely no concern to Gobbo's favourite stock: ALZ.

    Why not? Cause Gobbo says so!

    Oh, I can feel it coming...I'm picturing his bank account and I just can't help it...Eheheheheheheheeeee!!!...Oh, stop it, Gobster, stop it, please!!!
 
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