Ann: Distribution for the six months ending 30 Ju, page-6

re: Ann: Distribution for the six months endi... hi bvw 1705
wow thats a real negative posting the last one !!! I agree with most of your post altho I dont want to. Yes the divis have been negated by the sp slide but I dont agree with the dying part of your post. It has been hit hard by a number of outside factors and beyond its control ( ex. earthquake , Japans economy,GFC ) but all of its loans have been renewed and it appears that the slide in property values is slowing and they are repaying debt and they have the 5 "silos " for protection on loans.
I personally have done everything wrong with this stock - at the moment I am averaging $3.42 - I am overloaded with this stock which at the moment is about 20% of my portfolio - I also did the unforgiveable of chasing the stock down which led to this imbalance.
As I said I agree with most of your post but I have to stay positive and there are positive things there. Maybe the earthquake is the catalyst for Japans economy to get moving again - who knows
I would like to sell some of my AJA holding but at $3.42 I am still getting 11.75% divi. I hope that the divi continues and I hope that they do not activate the DRP in the future.
The Sp is not good and the annual report in August will be very interesting.
At the moment I am hanging in there altho I wish my "hangings were not so large " !!
I must stay positive !!!!!!