IPP iproperty group limited

Ann: Investor Update - March 2013 , page-11

  1. 679 Posts.
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    Hi Cyph

    That was a while ago. We had a good run initially but more recent times have been lack lustre and we are nearly back where we started. I agree that valuations based on revenue are hopeless. They remind me of the dot-com boom/bust and it has not sent me out loading up again.

    However I watch the quarterly reports with interest and with the advice that April Indonesian activity was up 70+%, I am hopeful we will soon see a break even quarter. If so, I will be looking for an REA shape price chart.

    Regards Westwind
 
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