OTCPK:HBAYF - Post by User
Comment by
Nossy45on Jan 10, 2017 2:14pm
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Post# 25689861
RE:RE:RE:Some serious....
RE:RE:RE:Some serious....
That's because HBC has some really prime locations, and excellent real estate versus some of the other retail chains. I agree that the $25 may be overdone, but perhaps $12 - 15 isn't outlandish. Analyst had placed a value of $8 - 12 on the retail component, and $12 - 15 for the real estate ventures but because they have indicated that they are not interested in spinning the real estate for the next few months the market discounted the real estate component and is now valuing it based on the retail results ... and this is the result ^_^