05-09-2013, 07:38 PM
What level is cheap ? 15 cent is cheap but not now . Even if NAV is revised , there is normal a 30% discount to RNAV for REITS.
Hupsteel is not even domain expert in property development. Does it have the expertise in project management ? Eg how to handle project delays , cost overruns , finding good tenants , etc ... It is not something which u can learn overnight IMHO
Hupsteel is not even domain expert in property development. Does it have the expertise in project management ? Eg how to handle project delays , cost overruns , finding good tenants , etc ... It is not something which u can learn overnight IMHO