find,
"Comprised of $600 mill NTA for the Asia Pacific Property (after a $150 mill plus writedown) and $200 mill odd NAV for the European management rights."
Do you really think so???????????????????????????????? you should be responsible for what you are saying!!!!!!!!!
I agree with Whits, currently, NTA per share could be 10c-15c, because VPG already admitted the potential loss since Jan 2009 would be more than $400 mil. It's impossible that we can still expect NTA is more than 20c now.
The reality is VPG lost all of its Europe assets.
"European management"-- do you think it's profitable? I think it can only cover some staff costs, do not forget "add-value" is the only way for a REIT to make money.
Just my views.
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