HIG
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0.00% 10.5¢ highlands pacific limited

http://www.highlandspacific.com/Announcements/AGM_2008_Amended_MD...

  1. jhui
    241 Posts.
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    06/08/09
    18:19
    Post #: 5478183
    http://www.highlandspacific.com/Announcements/AGM_2008_Amended_MD_Presentation.pdf

    Look at slide 16, which shows the cash flow available to HIG after payment of all costs (including interest). Discounted at 15% = US120 million or 22c/share!!! Thats excluding the cash balance and Frieda.

    Disappointed management haven't done any presentations to analysts to get some coverage. This is cheap.
    HIG Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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