Surprise, surprise RPF's valuation for the period ending Dec 2011 show a decrease in valuations of $12.4m giving a NTA of 4cps.
Refer previous post and if we were to use LEP's increase in valuation over the same period we would see an increase valuation for RPF of (12.4m + $25m = 37.4m) equivalent to an NTA increase of 24cps or actual NTA of 28cps.
We are currently being offered 2.59cps.
With the Dec 2011 results RPF has a lower overall valuation than LEP yet:
LEP rental income = $25.7m
RPF rental income = $31.73m (20% greater)
Also of note in the Dec report RPF have accumulated losses of $400m that I am sure GS which add value to the carry on takeover value.
Look FWD to seeing the "Independent" Experts Report.
Vote NO.
- Forums
- ASX - By Stock
- RPF
- Ann: Market Update
Ann: Market Update , page-3
Featured News
Add RPF (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
UNT
UNITH LTD
Idan Schmorak, CEO
Idan Schmorak
CEO
Previous Video
Next Video
SPONSORED BY The Market Online