LLC 2.06% $7.12 lendlease group

Ann: Lendlease Strategy Update, page-16

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  1. 210 Posts.
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    The fact are the LLC is massively undervalued - Its current marketcap is just over 4 Billion Dollars, whilst its assets would be worth in excess of 8 Billion dollars after the recent writedowns. The Australian Business trades well and should be valued as a going concern on a decent multiple the international part of the business will be sold down and returned to shareholders over the next few years. Tanarra Capital and HMC are serious players!
 
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