ALZ australand property group
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residential terrible and will worsen, particularly given NSW...

  1. SuperProfits
    1,502 Posts.
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    28/07/06
    12:26
    Post #: 1704909
    residential terrible and will worsen, particularly given NSW exposure and rising rates. industrial poor (result propped up by asset sales).

    half-yearly cash EPS (excluding revaluations) 5.7c vs 8c DPS. does not augur well for DPS sustainability.

    expect to hit 170-175 next week. could trade lower.
    ALZ Price at posting: 0.0¢ Sentiment: ST Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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