Surplus real Estate rose 1% great fortune to high 3.6 Hong Kong dollar
Source: Internet
Author: User
Surplus property climbed slightly this morning, with shares now up 1.12% to HK $1.81, trading 608,000 shares. Fortune issued a report saying that the stock was given a buy rating, the latest target price of HK $3.6 is equivalent to the 00008-HK of PCCW's $2.42 billion convertible bond, that is, the estimated total diluted net asset value of 4 Hong Kong dollars per share of surplus real estate, which is $10%, is nearly one-fold higher than the market price. In the case of surplus real estate, which has a substantial discount to the net asset value of the surplus, it is expected that institutional investors should have no intention of selling shares of the company for the second privatization proposal to be proposed by PCCW.
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