Shhhhhhh....!!! Someone might hear you. The mob in the media...

Shhhhhhh....!!! Someone might hear you. The mob in the media have put a few lines in about AEZ how this might be the next centro beacuse they were honest enough to say that if the market fell a fair bit more in Spain they might have to sell a property or two. In Austraia they have only just bought the place so of course there hasnt been time for it to appreciate yet. The journos who probably had a deadline to meet and to much to drink at lunchtime beat it up into a scenario of doom without any research, as usual, for non mainstream stocks.
Even if they did sell a few, the gap between what the price would be they got and what they owed the bank would be about 40% of the proceeds. This one is only geared to 50% and the setup is far different to centro etc in that each one has its own finance, just like you or I might do.
Yeah, things are not exactly in growth mode but it isnt a five alarm emergency. True value is probably up above 85 cents-but the sheep are spooked. I suspect a bear rally is imminent and Im in for a swag. 30% yield? Cheez, and they are going to pay it, too, on time. Its not just past performance.