VICOM

[wee]

With respect to the land which VICOM holds (and which some forumers say is under-valued in the Balance Sheet), how likely is it for the Company to be able to unlock its value? If possible, this would make VICOM a good asset play, along with steady and consistent dividends.

I like this company. But note that the land's carrying value in the book should not be too far off the actual value. These are industrial land and leases are probably short, like 30 years. Limited use - you are not going to be able convert them into a condo development.