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4.2¢ health and plant protein group limited

https://www.khon2.com/local-news/hawaii-real-estate-market-at-all...

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815 Posts.

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06/03/21

17:25

Post #: 51573632
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Originally posted by Artvandelay01: ↑

Unless you want exposure to Hawaiian real estate there’s no compelling reason for HPP to own the freehold land in my view. This is a macadamia business not a property trust. If they can monetise this asset (last independent val was $42m IIRC) and still get the macadamia kernel offtake to process and sell, the market should re-rate the stock price as the EV will come down substantially with such a large cash injection and repayment of the remaining con notes.

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https://www.khon2.com/local-news/hawaii-real-estate-market-at-all-time-high-with-low-inventory/

HPP Price at posting: 26.5¢ Sentiment: Hold Disclosure: Held
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