Gavolta, Mehdiabad is worth zero to the existing shareholders of UCL if the Board keep giving it away to new investors and in takeovers.
Karim Sadjadpour says regime collapse is inevitable (they've put ideology ahead of pragmatism) but unpredictable. He argues that the Govt. has only about 20% support (although those people who do support it are willing to die for it - and worse they think they are doing God's will in defending it).
I think the nuclear issue puts a limit on how long the West can tolerate it since Obama has ruled out a policy of containment. Some dissatisfaction with the Shah was probably due to Iran's wealth not being spread evenly. The same mistakes are being made again with the Revolutionary Guard getting more and more control of the economy. The privatisation process has been a sham. If you can imagine Iran led by an Iranian equivalent of Aung San Suu Kyi - someone who is respected by their own people as well as abroad - and in such a situation, Mehdiabad would be worth a great deal more. No, Mehdiabad will not always be worth a big fat zero, and the nuclear issue should bring about such a change quite soon.
UCL Price at posting:
22.0¢ Sentiment: Hold Disclosure: Held
