Thanks Baron,I notice that your example assume only sell the...

Thanks Baron,

I notice that your example assume only sell the properties have debt and keep the one without any debt. In addition, yep, balance from losing 30000 to 60000 earning is good, but this is for every year. Let's say cnp now has 4billion asset, adjust based on this example, the balance is from losing 30M to 90M earning every year, and only about 8M earning every month, and don't forget this is based on all properties are selling on fair value.That's the reason why I say in a short term, asset sale will not help a not compared to their debt now.

Reflect to their share price, because of the asset sale, the company is like from a big company to a medium company even the cash flow is better but the value per share will not improve a lot.

Actually I agree one of the threads today, 73 cents is a fair price for now, after deduct some cost, 55 cents is the top without any offers. So before JP has target price in 50c is reasonable.

Cheers

Z