soon to shoot

After doing sum , here is my picture:

1. Very unlikely ( 90%) chance that there will be any devaluation on GJT since they valued ALL their property 6 month ago with "SCHARK valuers". Compare with AJA only 5 % down. SO i think nothink to wory here.
Unless there will be another global collapse then we all staffed.
2. I believe interest we pay over portion of debt could be paid with ease(positive cashflow) ; Managment will renegotiate them or with time sell some assets and repay at "not in a hurry " price.
3. It is all about buying some time now , market will stabilize and guess which property market will boom once global recovery happens?
4. Japanese property market is cheaper then Australian by 2.5 ( e.g Tokyo vs Sydney)
5. Exchange rate going forward should only play in our favour.

Buying DYOR

As long as we hold for 6-12 month we will be winers IMO

I was buying over the last 2-3 month