19-10-2013, 06:43 PM
gautam Wrote:I think hupsteel steel biz is not doing well locally. I see that the management is planning to market its kim chuan ppty for rental soon, as well as refurnish its other properties in near-mid term. With large cash horde, it shd be able to tide over this difficulty.
May I ask how much would the rental from Kim Chuan contribute to the current EPS?
Hupsteel NAV is still recorded as 32.44 cents . I assume this has not factored in the increase in fair value of its investment properties over the net book value ($78.5 mil - $10.08mil) or 11 cents ?