there is a bright side, page-12

OB1

There's a differnce between being patient and blindly patient. I am considering the differences very carefully atm.

You mention 500% increase - fergus 5000% increase ...... this is called latent potential and is not todays or tomorrows reality. I ask myself the question 'is this investment going to return anything or is it a lovely piece of latent potential?' I know its the latter, but will it ever step up?

So where can I put my money if not in APG? Well, that's not a hard question at all. In this respect I can tell you that there are many alternatives to the sharemarket that offer potential returns that would certainly warrant consideration - no matter what the latent potential of APG.

If the GFC moves into the next phase, this being a fully blown depression (one that is quite unlike the 1930's style depression might I add) then we can all bet on APG doing the following:

a) No deals
b) income capacity significantly threatened by massive downturn in growth (i.e. reduced steel manurfacture)
c) run out of cash at hand
d) ask for more money - who has it to give (remember a depression has hit)

Now I may sound a bit extreme in my simple analysis here but tell me this, who hasn't thought of this scenario. If you haven't then I suggest you haven't thought hard enough.

I suspect and happy to be wrong that were offloaded some for these reasons. Hedging his/ her bets. Who knows what the new year will bring. Prosperity or desperation? This GFC hasn't finished yet and the ramifications look ugly!

GC