Nutjob detected!
On Aug 29, 7:24=A0pm, kangarooistan wrote:
> On Aug 29, 10:56=A0am, kangarooistan wrote:> T=
he net loss totaled A$2.57 a share in the 12 months to June 30
>
> =A0=A0Centro Properties jumped 14 percent to 21 Australian cents as of
> =A010:15
> =A0=A0a.m., valuing it at A$177 million.
>
> =A0=A0 a peak market worth of A$8.5 billion in May 2007.
>
> =A0=A0now worth 177 million
>
> > best sack all journalists who wont report the official usa version of
> > news , all news can now be controlled from Washington white house news
> > room
> > =A0=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=
=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D
>
> =A0Centro Posts A$2.1 Billion Full-Year Loss on Asset Writedowns
>
>
>
>
>
> > > Aug. 29 (Bloomberg) -- Centro Properties Group, the shopping mall
> > > owner seeking a debt extension to stay in business, posted a full-yea=
r
> > > net loss of A$2.1 billion ($1.8 billion) as it wrote down the value o=
f
> > > U.S. and Australian assets.
>
> > > The net loss totaled A$2.57 a share in the 12 months to June 30,
> > > compared with net income of A$469.7 million, or 58.44 cents, a year> =
earlier, Melbourne-based Centro said today in a statement to the
> > > Australian stock exchange.
>
> > =A0Centro, which manages more than 650 malls in the U.S., Australia and
> > New Zealand, wrote down A$1.2 billion on properties.
>
> > > =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=
=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D
>
> > > Centro Posts A$2.1 Billion Annual Loss on Writedowns (Update1)
>
> > > By Laura Cochranehttp://www.bloomberg.com/apps/news?pid=3D20601080&si=
d=3Dax21UFLxQ510&refe...
> > > Aug. 29 (Bloomberg) -- Centro Properties Group, the shopping mall
> > > owner seeking a debt extension to stay in business, posted a full-yea=
r
> > > net loss of A$2.1 billion ($1.8 billion) as it wrote down the value o=
f
> > > U.S. and Australian assets.
>
> > > The loss totaled A$2.57 a share in the 12 months to June 30, compared
> > > with net income of A$469.7 million, or 58.44 cents, a year earlier,
> > > Melbourne-based Centro said today in a statement to the Australian
> > > stock exchange. Centro, which manages more than 750 malls in the U.S.=
,
> > > Australia and New Zealand, wrote down A$1.2 billion on its properties=
.
>
> > > Chief Executive Officer Glenn Rufrano, 58, is struggling to raise cas=
h
> > > by selling assets as property values decline in the U.S. and
> > > Australia. Rufrano took over this year after Centro lost more than A$=
4
> > > billion of market value following its Dec. 17 decision to seek a
> > > reprieve from lenders after debt markets seized up. The company said
> > > this week it may offer lenders hybrid securities in lieu of
> > > borrowings, affecting shareholders.
>
> > > ``There is no disguising the seriousness of the situation for the
> > > Centro group,'' Rufrano said in the statement. ``We are making
> > > incremental steps towards stabilization in a difficult environment.''
>
> > > Centro Properties jumped 14 percent to 21 Australian cents as of 10:1=
5
> > > a.m., valuing it at A$177 million. The company, which manages assets
> > > worth some A$22.6 billion, reached a peak market worth of A$8.5
> > > billion in May 2007.
>
> > > The loss extends Centro Properties' A$1.1 billion first- half loss.
> > > Centro Retail Group, the company's listed investment trust and bigges=
t
> > > traded asset, today posted a full-year net loss of $867.7 million.
>
> > > Searching for Buyers
>
> > > Centro Properties has total debt of A$17.3 billion, and its borrowing=
s
> > > are equal to about 73 percent of total assets, the company said.
>
> > > Rufrano has been searching for a buyer for fund stakes for nine month=
s
> > > and in that time has won five extensions from lenders including
> > > Commonwealth Bank of Australia, JPMorgan Chase & Co. and Royal Bank o=
f
> > > Scotland Group Plc.
>
> > > Centro has 665 centers in the U.S., where the value of its properties
> > > fell to $12.8 billion from $13.9 billion a year earlier amid slowing
> > > retail sales and a potential recession. On July 15, the company sold =
a
> > > 46.65 percent stake in its unlisted Centro America Fund to a private
> > > real estate investor for $714 million, 10 percent less than its book
> > > value.
>
> > > U.S. retail sales dropped in July for the first time in five months,
> > > falling 0.1 percent, the Commerce Department said Aug. 13. Consumer
> > > confidence has almost halved in the past 12 months to 56.9 in July
> > > amid a weakening labor market, falling home prices and higher
> > > inflation.
>
> > how can shares worth 21 cents lose more than ten times their market
> > value in a year
> > western taxpayers are bleeding to death dfor the usa
>
> > no wonder the usa is sending jet fighters to remind the aussies who
> > owns the country
>
> > Jet fighters to buzz Sydney Harbour
>
> > August 28, 2008 09:36pm
>
> > THREE =A0US National Guard jet fighters will fly over Sydney Harbour
> > tomorrow as part of a training exercise to remind australans who
> > really owns the country .
>
> > =A0the American Eagle jets, =A0Sydneysiders can expect to see in the sk=
ies
> > between 2pm and 3pm (AEST). are reminding australians who owns the
> > country and its now time to hand over their wealth to american and
> > israeli masters
>
> > =A0five aircraft will leave Williamtown airbase near Newcastle and head
> > toward Sydney.
>
> > "On the way to and from Sydney, the aircraft will conduct training
> > activities," the Defence Department said in a statement.
>
> > "While over Sydney, aircraft imagery will be taken."
>
> > The aircraft will enter Sydney Harbour near Watson's Bay from where
> > they will fly in formation to the Harbour Bridge at about 1000 feet
> > above water.
>
> > "Upon reaching the Harbour Bridge, aircraft will climb to 3000 feet
> > and change formation to one Hornet and three Eagles, with the second
> > Hornet acting as a photographic aircraft," the statement said.
>
> > After a 180-degree turn at Huxley's Point the aircraft will head back
> > to the coast en route to Williamtown.
>
> > The US aircraft are based at Williamtown to control RAAF fighter
> > combat instructor's =A0which the department says provides personnel
> > "with the highest possible level of fighter combat ". to remind
> > aussies who really owns the country
>
> > "The involvement of US Air National Guard Units delivers vital
> > opportunities remind aussies to behave ad hand over their assets
> > without any funny ideas
>
> .
> .> best not release any balloons over sydney harbor today , we dont want
> > to embarrass our masters toys and games over their harbor and their
> > city
>
> So, was there a Battle for Australia? No: not in the literal meaning
> of the term.
> Saturday Extra 7.30 am saturday
>
> Search Saturday Extrahttp://www.abc.net.au/rn/saturdayextra/default.htm
>
> So, was there a Battle for Australia? No: not in the literal meaning
> of the term.
>
> official historians =A0did not endorse the idea of a =93Battle for
> Australia=94.
>
> Except for a few wartime propaganda booklets, this idea fell out of
> use for fifty years: it simply doesn=92t figure in general histories of
> Australia or in specialist studies of the Pacific war. Then it becomes
> current again over the past decade. But why? Is there a basis in
> history for the revival of this concept?
>
> there was no =93Battle for Australia=94, as such. As it turned out, Curti=
n
> was wrong. There was to be no such battle, not as he envisaged it.
> Thank goodness.
>
> How dare I say this, some of you may ask. I can assure you, I=92m not
> the first. I take my cue from official historians Gavin Long, Dudley
> McCarthy, Lionel Wigmore and Paul Hasluck. If they did not endorse the
> idea of a =93Battle for Australia=94, then we need to be convinced before
> we do.
>
> We need to take the Battle for Australia interpretation seriously, to
> consider why some want to endorse it. And we need to consider how we
> can live with this emotion, and ask what purpose it might serve.
>
> Darwin raids, for example, were undertaken to support the Japanese
> conquest of Timor. =A0They did not herald invasion. They did not result
> in a thousand Australian deaths, as is now claimed.
>
> =A0Of the 250 victims of those first two raids, very few were in fact
> Australian. The largest single group were the 188 American sailors
> killed aboard the destroyer Peary, while most of the rest were British
> empire merchant seamen.
>
> =A0Most of the Australians killed were civilians =96 merchant sailors, th=
e
> oft-abused wharfies, the PMG telegraph girls killed in the Post
> Office, and Daisy Martin, the Administrator=92s Aboriginal servant girl.
>
> =A0Of the 250 dead, only eighteen were uniformed members of the
> Australian services:
>
> Think of the flood of books on the Papuan campaign =96 Professor Hank
> Nelson reckons that about 3000 pages have been published on Papua
> since 2002
>
> Then there is the problem that it is based on one of the most
> tenacious myths of 1942, the idea that the Japanese planned to invade
> Australia in 1942.
>
> but in 2006 we cannot continue to talk about Japanese plans or
> intentions to invade Australia in 1942 when there is no evidence for
> such plans, and much evidence to show that none was planned.
>
> So, was there a Battle for Australia? No: not in the literal meaning
> of the term.
>
> on ABC Radio National
>
> Saturday extra this week has an interview with dr peter Stanley from
> the war museum in Canberra
>
> they will debate if japan ever planned to invade Australia
>
> as per add on radio today , i can not see this listed on the web yet ,
> but dr Stanley is very good and he claim as japan never planned to
> attack
> =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=
=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3Dhttp://ww=
w.awm.gov.au/events/talks/oration2006.asp
> Talks at the Memorial
> "Was there a Battle for Australia?"
> Australian War Memorial Anniversary Oration by Dr Peter Stanley, 10
> November 2006
>
> For Australia, 1942 was the year of greatest losses, a year of crises
> confronted and overcome. It was a year in which war briefly touched
> Australia=92s shores. What does this mean for the way we remember 1942?
> It suggests that we should at least question whether there was a
> =93Battle for Australia=94
>
> The idea of organising the events of 1942 around the idea of a =93Battle
> for Australia=94 is quite a new one
>
> They suggest that it was conceived in 1996 by the Victorian President
> of the Air
>
> read more =BB- Hide quoted text -
>
> - Show quoted text -...
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