I am trying to draw a connection between Mulpha, FKP, SHKIS, PBD...
My theory - SHKIS, a pretty large developer from Hong Kong, doesn't dump money into a 'sinking ship' (being PBD)...I wouldn't be surprised that PBD will be taken over by FKP and then broken into 2 vehicles - 1st being the Retirement Vehicle and 2nd being a 'high end' development company. PBD current projects are all high-end and are a good fit for FKP's current projects.
Only time will tell...
With today's rise in the SP for FKP, seems like an ann is imminent!
FKP Price at posting:
$1.54 Sentiment: None Disclosure: Not Held
