stronger then i thought

I feel even more confident after todays result on such a crappy day on the stockmarket. Just about everything is down and CER held up very well.

This makes me assume that there are more longterm investors now and this also may have shaken off a few traders today hopefully allowing for a more steady rise with less volatility (sorry nursery i know your trying to accumulate more :P)

I think people are becoming more confident in there soon to be revealed annual report and more and more people are betting on a dividend similar or more then last years.

If CER is able to sell assets at only 3.6% discount, then what better way to re-evaluate their book value then with similar shoppping centers leasing to similar tenants with similiar leases. (keep in mind that this is using the old method of mark to market which is firesale values) I wonder if CER can use a similar accounting method that banks in US use now.

Aussie Dollar is up since December
Glenn R got the banks on side
Properties have been sold and debt has been reduced.
CSF profits now flow into CER. Might be up to 3.8cents a share on an well educated estimate.
CER major tenants having a good year with sales up. (See recent post by defab)

These are some positive points from my perspective as to why share price held well. I'm look forward to June where we can get a real insight to how well CER is doing.