By: professor.inglis
26/12/2009
4:22 pm Yahoo! Profile:
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Source SMH
"Market bears were again ignored. And the University of Western Sydney's best-known doomsday economist, Steve Keen, lost a wager with Macquarie economist Rory Robertson over the direction of house prices. Dr Keen, however, seems optimistic enough to believe that his gloomy predictions could prove correct enough in the next decade. Meanwhile, he will be preparing his ascent of Mount Kosciuszko in April after losing his wager." |
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By: professor.inglis
26/12/2009
4:15 pm Yahoo! Profile:
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Source BIS Shrapnel:
"Rental markets to tighten further in 2010 and 2011
Leading industry analyst and economic forecaster, BIS Shrapnel, is anticipating rental growth around Australia will surge in 2010, following a period of more moderate growth in 2009. The company says over the three years to 2012, national average yearly rental growth will be 5.8 per cent, resulting in rental households passing an extra $1.9 billion to landlords each year.
In an update to its Residential Property Prospects, 2009 – 2012 report, BIS Shrapnel says construction of new medium and high-density housing has fallen to the lowest level since 1991. Starts of only about 30,700 medium and high-density housing units are expected in 2009, representing an annual decline of 30 per cent. " |
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By: professor.inglis
26/12/2009
4:10 pm Yahoo! Profile:
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Next we might hear about REITs, and super funds and the Future Fund etc??
"CommSec's chief economist, Craig James, attributed much of this to sharemarket growth.
''Australian households have plenty to celebrate this Christmas, with wealth levels repairing at the fastest pace on record,'' Mr James said. ''Financial wealth now stands at the highest levels in two years and further improvement can be expected in 2010, although probably not at the same pace witnessed in the past three months.''
Mr James said improvement in financial wealth, together with higher house prices and a stronger job market, would support consumer spending next year.
The shift in the allocation of assets by super funds provides further evidence of a strong recovery from the global financial crisis.
''We expect a continued lift in the proportion of growth assets held in pension funds in 2010,'' Mr James said.
He forecast that super funds would need to invest about $190 billion in the sharemarket over the coming year to bring the share of low-risk assets such as cash back to the long-term level, and this would cause a marked rise in share prices.
''The longer that a super fund maintains an abnormally high proportion of money in defensive assets, the greater the risk that returns will underperform its competitors,'' he said.
The ASX 200 index closed at 4791 before the Christmas break. Mr James forecast it would reach 5300 by the middle of next year and 5600 by the end of the year - 20 per cent lower than its peak before the financial crisis." |
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By: professor.inglis
26/12/2009
4:06 pm Yahoo! Profile:
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Good grief, has property bottomed?
"CENTRO Properties Group, which manages hundreds of shopping centres across the country and in the US, has appointed specialist advisers to help it undertake a corporate restructuring after its assets shrank by $5.7 billion in the first half of 2009.
The announcement saw Centro's share rise by more than the most in six weeks. JPMorgan Chase and the boutique advisory firm Moelis will assist Centro to develop long-term strategies after the mall owner this year reached agreements with creditors, the company said in a statement to the ASX on Thursday.
The appointments cement JP Morgan's long-standing relationship with Centro Properties, which the company said would be valuable given the complex nature of the business.
''We made significant progress in 2009: the completion of the debt stabilisation agreement; the regeneration of the Centro executive committee; and the renewal and separation of the Centro and Centro retail boards,'' the chairman of Centro, Paul Cooper, said.
''These achievements in conjunction with actively managing our properties and funds, have delivered a platform from which we can now focus on long-term strategies aimed at simplifying Centro's structure and restoring value,'' he said.
Centro Property's shares jumped 6 per cent to 26c during Thursday's short session of trading, after earlier climbing as much as 10.2 per cent, its biggest intra-day gain since November 9. Centro retail rose by a similar amount to close 1c up at 16c.
Centro Properties Group's market worth has plunged by more $8 billion since May 2007 as the mall owner struggled to refinance debt after the global financial crisis froze credit markets."
source SMH |
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By: professor.inglis
16/12/2009
7:15 am Yahoo! Profile:
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| VPG looks interesting... |
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By: jacko456@y7mail.com
16/12/2009
7:06 am Yahoo! Profile:
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....and here I was almost ready to congratulate you on not responding. You just cant do it can you...ha ha ha. Come in sinner. (Pun intended)
NOTHING remotely interesting anywhere....and you come along to make a good thing of it - you silly old blonk. |
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By: new_me@y7mail.com
16/12/2009
1:16 am Yahoo! Profile:
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It seems like they are getting what they want. i.e. to completely ruin this forum.
Look at yesterday's effort:
All day and only the biggest clown on this with his threads about me. Jackoff and his usual stupidity about the prof and I and being the same person. The prof with his "books." Ecchi with another comment denying his biased ways. NOTHING remotely interesting anywhere.
Firefly,
See if you can get Harold and the Dr. back. Although I don't blame them if they don't come here. Who does when the place consists mainly of idiots? |
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By: new_me@y7mail.com
16/12/2009
12:56 am Yahoo! Profile:
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Firefly,
"Does this refer to another site and our IDs or is it a reference to the yahoo forum?"
I think he is too busy with his head down and bum up to have seen your post. I wouldn't do what he is doing as a paid job yet have a look at Jackoff come to the party when invited with his usual I am him and he is me.
Jackoff,
"Now watch that idiot and creeper Jackoff accuse you and I of being the same person again."
Yes indeed. You ARE a moron!
Crazyfool,
You should know. Why ask? It's all there in my computer, Slimebag! |
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By: jacko456@y7mail.com
15/12/2009
8:23 am Yahoo! Profile:
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By: new_me@y7mail.com
2 days ago (Sunday, 10:07 am)
Re:ALE property group (PREVIEW)
Your timing on this is close to mine. Now watch that idiot and creeper Jackoff accuse you and I of being the same person again. Blind Freddie should be able to see we are not.
Why can't that Moron
------------------------- ------------------------- -
Bleak - i cant see that because you are the same person. You came on 2 minutes after the "prof" to make that comment - and nothing else?? You had barely 1 minute to read and digest it and get your post on (within 2 minutes of the prof's post).
Within that brief time you had time to ponder what I'd be thinking as well as posting about it? ...and this is all on the "off chance" that you and the professor would both be here at the same time on a Sunday morning? Way too pre meditated and conveniently coincidental for me Bleak - unless the comments came from the same leaky mind. I was in no doubt previously - I'm in no doubt now. You tried too hard and blew it !!
Keep denying it - you may convince someone - but the one you really want to convince (my good self) sees right through you...you pathetic old creep. |
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By: firefly_au
15/12/2009
7:46 am Yahoo! Profile:
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Hi prof :)
Could you explain what you mean by the following please?
"Could it be possible that the bad character references we all get are from some investment house that sells the sort of info we discuss for free, instead of a university group?"
Does this refer to another site and our IDs or is it a reference to the yahoo forum?
BYE :) |
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By: professor.inglis
14/12/2009
7:39 pm Yahoo! Profile:
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| LEP up again |
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By: professor.inglis
14/12/2009
7:35 pm Yahoo! Profile:
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| Anyone have thoughts on VPG and GMG please? |
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By: professor.inglis
13/12/2009
4:21 pm Yahoo! Profile:
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| Anyone know about Lend Lease's $400M private (property?) equity fund...assume it is scooping up some cheap property, but dont know, so asking. Thanks again |
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By: professor.inglis
13/12/2009
3:42 pm Yahoo! Profile:
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| Could it be possible that the bad character references we all get are from some investment house that sells the sort of info we discuss for free, instead of a university group? |
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By: jacko456@y7mail.com
13/12/2009
12:33 pm Yahoo! Profile:
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By: new_me@y7mail.com
Today (10:07 am)
Re:ALE property group (PREVIEW)
Your timing on this is close to mine. Now watch that idiot and creeper Jackoff accuse you and I of being the same person again.
------------------------- -------------
Brice - at his guilt ridden, duplicitous, attention seeking best.
Care factor brice? - zero. Crank factor winding you up over it - priceless. Thanks professor !! |
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By: professor.inglis
13/12/2009
10:09 am Yahoo! Profile:
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| Anyone know about Lend Lease's $400M private (property?) equity fund...assume it is scooping up some cheap property, but dont know, so asking. Thanks |
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By: new_me@y7mail.com
13/12/2009
10:07 am Yahoo! Profile:
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Your timing on this is close to mine. Now watch that idiot and creeper Jackoff accuse you and I of being the same person again. Blind Freddie should be able to see we are not.
Why can't that Moron? |
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By: professor.inglis
13/12/2009
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RE Source SMH "Future Fund consortium leads the property charge JAMIE FREED December 11, 2009
Bids for the $1 billion-plus sale of the unlisted ING Retail Property Fund were lodged yesterday, and a consortium comprising Lend Lease's wholesale property fund and the Government's Future Fund is said to be leading the charge.
A possible deal would result in some of the ING assets going into Lend Lease's new $400 million private equity fund and the rest snapped up by the Future Fund." |
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By: professor.inglis
13/12/2009
10:00 am Yahoo! Profile:
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Very impressive recommendation about LEP. Seems that no one else was recommending any property. In fact so many negative news articles, almost makes you worry more. In other words, you were right on compared to others.
Now it appears that the Future Fund and some super funds may start pouring money into property too. Source SMH, saves cut and paste references.
Anyone have thoughts on VPG, GMG, others selling at a discount? |
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By: papascarab
11/12/2009
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LEP announced dividend today 12 cents ex on the 23nd Dec and intend 24 cents for full year. this would make it 10.2% yield (no franking credits) on todays price.
Also price up 7% (in a down market) since i opened this thread.
Hope you all got on board? : ) |
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By: professor.inglis
9/12/2009
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| Record property prices now starting...see Perth? |
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By: papascarab
8/12/2009
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market experts all hate property is telling me it is good buy
stick to quality and those with low gearing that didnt have to recapitalize to much. |
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By: professor.inglis
8/12/2009
5:20 pm Yahoo! Profile:
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With so many experts saying dont touch property stocks (yet) and with looming Dubai World sales, makes me think its time to shop.
The world's economy is recovering, our population is increasing, incomes are increasing, most super funds are recovering, interest rates and rents are rising, inflation could be a worry, sea levels could restrict some development, and demand growth exceeding supply growth?
So maybe property prices are next? |
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By: papascarab
6/12/2009
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CPA i got in may at 69 cents is doing well but down a bit lately with the capital raising going on but hopefully i can make a bit flipping those.
LEP i bought at $2.19 in oct and nov so only up slightly but got in for the 10% div in a few weeks
WDC i have had years and am down 34% but will keep in bottom drawer. it still paying me 6% div |
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By: professor.inglis
6/12/2009
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| How's your property stock doing? |
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