Homepage
PR Newswire
22-04-2013, 08:43 AM
Like i Say all pure speculation. But given any value stocks that rise with the market it shld be trading 20% abv their nav so if only jus add this redevelopment it shld be 50 to 54 cents.
What i use additional valuation is adding onto their other plots tat may redeveloped. Plus if they turn their steel biz ard, or if they wanted to be a commercial property developer, the market may like their new direction then it may see a higher revaluation of the company.
But i don wanna drive the hope too high for anyone, so do ur own valuation.
Market is moved by news n sentiment, but for safe investment you will have to look at their fundamentals n their management.
What i use additional valuation is adding onto their other plots tat may redeveloped. Plus if they turn their steel biz ard, or if they wanted to be a commercial property developer, the market may like their new direction then it may see a higher revaluation of the company.
But i don wanna drive the hope too high for anyone, so do ur own valuation.
Market is moved by news n sentiment, but for safe investment you will have to look at their fundamentals n their management.