lbs
Arch-Supremacy Member
- Joined
- Sep 2, 2001
- Messages
- 18,174
- Reaction score
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seems like this blue chip gets nobody's attention?
This stock as a pretty decent balance sheet.
Main revenue is property investment (70-odd%), with property developing covering the rest. Plenty of projects left in China for property developing.
A bet on this company will be a bet on the future of Hong Kong (for its prime property investments) and China (for its property developing).
From Book Value per share, it does appears to be cheap, about 50 cents to a dollar.
What do you guys think?
This stock as a pretty decent balance sheet.
Main revenue is property investment (70-odd%), with property developing covering the rest. Plenty of projects left in China for property developing.
A bet on this company will be a bet on the future of Hong Kong (for its prime property investments) and China (for its property developing).
From Book Value per share, it does appears to be cheap, about 50 cents to a dollar.
What do you guys think?
