28-02-2017, 10:24 AM
With general market slowing down, the coming year might see much slower gains or / reversals of the fair value gains enjoyed in past 2 years which was the main driver of their bottom line - furthermore, taking away one off development sales effects - the P&L for the next 12 months might look much worse than the last 12 months, tending towards an asset-heavy, forex-exposed, rental model.
Value unlocks are obvious, but not so obvious is the time-frame, and it might become costly to wait.
Any buddy with a different view?
Value unlocks are obvious, but not so obvious is the time-frame, and it might become costly to wait.
Any buddy with a different view?