FKP
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0.98% $2.03 fkp property group

$105m of proceeds from aerial pre-sales, page-5

  1. PortfolioPlus
    4,274 Posts.
    lightbulb Created with Sketch. 358
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    06/11/12
    05:07
    Post #: 10961155
    Totally agree, the profit is in the final units to be sold and there appears to be a hole in the commercial side of things. Only 60% leased/sold. They will want to plug this quickly as there will be agitation from pre-commited tenants.

    All of which does not explain the ridiculous discount to NTA.
    FKP Price at posting: $1.54 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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