Okay... I remember reading in someone's thread that because of the real estate lull, REITs should be trading at around half the NTA... (Which I totally disagree when talking about SDG).
Anyway if we take its current NTA of 155, then it should be around 155/2 = 77.5 cents (which is totally undervalued!!!)
If you then add the expected rise of 28 cents to it (or actually 14 cents as it is the halfway mark), then it should be around (155 + 14)/2 = 84.5 cents (which is still totally undervalued!)
So where does it leave SDG? TOTALLY UNDERVALUED!!!
Why aren't I buying more of these? I have no idea but I really, really want more... especially these current prices!!!
SDG Price at posting:
68.5¢ Sentiment: LT Buy Disclosure: Held
