looking strong, page-70

Was having a chat with a mate regarding confirmation of trend reversal. Just posting the reply

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Needs to break resistance at 3.8c then we are away to 5c and beyond.

Did you catch Lateline Business last night? They had the CEO of Stockland on about Mark to Market rules for reporting

http://www.abc.net.au/lateline/business/items/200903/s2512606.htm

"According to Stockland's accounts the $128 million underlying profit, which reflects normal business operations, turned into a $726 million
loss after what's known as mark to market adjustments, which in a falling market are mostly asset writedowns. The adjustments were forced on Stockland by international accounting standards."

"With the current situation, if a company doesn't have profit in that period or loses its retained earnings from a significant asset writedown, it actually can't pay a dividend out. Where, in the US and in the UK, you actually can pay dividends."

"It is based on a theory that there's always a ready market for pretty nearly every asset, including financial assets. Now, in times like this, when there is a sudden freezing of credit markets, it's become clear that there isn't always a liquid market. So marking to market becomes impossible."

What yield would VPG have if it did not have to mark to market and could pay dividend like in the US and UK?