24-04-2013, 04:12 PM
I'm a bit confused in terms of valuation for this one
dev prop 241m
inv securities 22m
inv prop 11.4 m
cash 111.8m
borrowings (138.7)m
net 248m already vs mkt cap 147m
this excludes the earning power from their civil engineering projects, which is project based. say 20-30m a year net, just 8x P/E yields about 200m in worth
total worth 400m+?
plz correct me
dev prop 241m
inv securities 22m
inv prop 11.4 m
cash 111.8m
borrowings (138.7)m
net 248m already vs mkt cap 147m
this excludes the earning power from their civil engineering projects, which is project based. say 20-30m a year net, just 8x P/E yields about 200m in worth
total worth 400m+?
plz correct me