13-05-2017, 01:50 PM
(13-05-2017, 10:51 AM)se2037 Wrote: @Jacmar, care to give a try to estimating the value of the KUE stake (assuming 30% leverage) and remaining cash balance post expenses. Thank you
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It's almost impossible to get a good estimate of what the properties is worth of the KUE stake. I doubt K1 board even knows. You will need a property evaluation to get a decent number. suffice to say that the property mkt across the US has recovered quite a lot in the last few yrs. as for 30% leverage , how do you know that? it could be 60% and your estimate will be totally out. Hence I don't bother to try and estimate what's worth. Invest base on the GGH stake is good enough.