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V.I.P.
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“But would you kindly ponder this question: What would your good do if evil didn't exist, and what would the earth look like if all the shadows disappeared? After all, shadows are cast by things and people. Here is the shadow of my sword. But shadows also come from trees and living beings. Do... More
My book:
The Master & Margarita
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  • Anybody invested in TMM real estate?

     

    The latest portfolio valuation
    http://bit.ly/QItUra
    says asset value is USD 407m.

     

    Deducting total liabilities of USD 223m (as of H1 2012) leaves a NAV of USD 184m, with 51m shares (correct?), one gets a NAV/share of USD 3.6

     

    The share price however is at €0.18, i.e. $0.23 not even a tenth.
    Anybody can explain?
    27 Nov 2012, 05:05 AM Reply Like
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