ALZ australand property group

TheWord creates a straw man (that doesn't exist)when he asks...

  1. 1,219 Posts.
    TheWord creates a straw man (that doesn't exist)
    when he asks "What's going to happen to your
    distribution if, like LPT's, ALZ can't rely on
    revaluations to fund their dividends anymore?

    Since ALZ relies on property sales and rents from
    its large portfolio of buildings (that covers its
    costs including interest many times over) it
    doesn't need nor 'rely on' revaluations to
    pay good dividends - year after year
    with metronomic regularity.

    BTW: I notice TheWord says he has a
    'sell' sentiment towards ALZ yet he
    owns no ALZ stock!

    Two questions:

    How can TheWord sell what he don't own?

    Why get hot under his HotCopper collar
    when his bystander status makes him
    immune to AZL zooming or plunging?

    TheWord reminds me of celibate
    men who are incredibly erudite
    about intercourse (in theory)
    but have never taken the
    plunge themselves but
    would like to:



    When all else fails...



    ... try group therapy.
 
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