Cant believe the doomsdayers here. All is not that bad. In...

Cant believe the doomsdayers here. All is not that bad. In short,

a) Asset recycling is what they do, whether held for short or long term.
b) Now is the time to be buying distressed company's assets at cheap prices. I agree, sell less potential to buy better potential.
c) Increase in bank loan included support from 5 additional banks. If things were bad, existingfinanciers would have only been involved. In addition, interest rate only increased 0.2%!!
d) Forecast Net Profit guidance 2008 is $750m, up 15 on last year.
e) Margin loans already retired or refinanced underway.

All positive to me. However, when associated with the likes of Tricom, Rubicon etc there is bound to be negativity. At this stage, all negativity is rumour only, conspiracy theories.

I'm gunna buy some more soon, it may go lower in the short term