Parent Capital Corp V.PAR.H

Alternate Symbol(s): V.PAR.UN | PTSRF | CEYFF

Parent Capital Corp. is a Canada-based resource company. The Company is engaged in the evaluation, acquisition, exploration and development of resource properties. The Company is inactive and is engaged in seeking an asset to acquire.

TSXV:PAR.H - Post by User

Parent Capital Corp

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Comment by Marginal_Investoron May 24, 2014 6:01pm

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Post# 22595670

RE:RE:RE:RE:RE:Value and Leverage Go Hand in Hand!!

Orange Capital was willing to pay $6/share for Partners assets. Mr. McCowan paid $7 and considers himself a long term investor and sees a lot of value. Book value is over $7 and consists of real property that is almost fully leased (>96%). Yet the stock sells for less than $5. All I can say is thank-you as I keep buying.
Of course there is some uncertainty, with the current turmoil in Ukraine, perhaps a wayward atomic bomb will wipe out the various stores and leave radioactive ruins. But, this is the risk one takes when buying cheap real estate.

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