ALZ australand property group

The gremlinsremoved the spaces I had put in my firstpost. Here...

  1. 1,219 Posts.
    The gremlinsremoved the spaces I had put in my first
    post. Here it is again with ... where the spaces
    were supposed to be:

    There have been some fear sown (for reasons unknown)
    about ALZ being about to sink due to excessive debt.

    Here are some figures for the half-year to 30/06/07
    and 30/06/06 expressed in millions of dollars:

    Half-year to 30 June......... 07........ 06

    Revenue.......................410....... 442
    Net profit......................132........ 98
    Total assets.................3558......3503
    Total liabilities..............1789.....1790
    Net assets.................. 1768..... 1712

    Net tangible assets
    per security............... $1.62.... $1.46

    Adjusted gearing ratio.. 40.7%.. 39.8%

    Margin over 90 day bills 0.22% 0.50%

    If somebody wants to have a nervous breakdown
    (over those figures) or has a hidden agenda
    to punish ALZ, that's beyond my control
    but I'm quite happy with ALZ and have
    a suggestion for those who aren't:


    When all else fails, try group therapy.
    And yes, that is me in the picture.
 
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