Aguytrying wrote:I couldn't help noticing the NAV is 20.57. Several undervalued real estate projects. Very promising prospects in the years to come. I like this company. The EPS dip is temporary(even if it will take two years to get back to fy 2011 EPS). For those serious, an opportunity to buy it on the cheap may be upon you.
I am leery of valuing Real Estate at times.
1) What criteria used?
2) Is there a market for the land or is it a bubble?
3) See USA where it was all up, up & up then CRASH...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett