fkp’s brown succumbs to pressure to leave, page-6

Yesterday's last paragraph in AFR article mentioned(please refer to my post re resignation of CEO Brown).

In my best knowledge, FKP was continuously subject to t/o target by Stockland or so including Chinese. It has mentioned several times in previous AFR articles.

Potential t/o is to be very attractive to hold FKP but there is no certainty. It is like rumour. But who knows? Usually there comes smoke, there comes fire eventually.

As for me I am holding because worldwide property markets are bottomed out recent days and improving, which means property value could highly likely be added. Company's operating earning are negligble atm but portpolio property value adding will be big thing. NTA increase.

Plesae check the company website, their portpolio is very sound and business activity is going to be improving.


Regards,