GRP grp corporation limited

I have been watching GRP for 6months under my "Buffettology"...

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    I have been watching GRP for 6months under my "Buffettology" watchlist (defined as shares trading under intrinsic value imo). Its NTA is 1.66 last traded at 0.395. Admittedly it has minimal cash due to unpaid loans potentially writing off large huge debts! Can someone out there please review this one - please advise. cheers
 
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Currently unlisted public company.

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