RE:RE:RE:Brian AckerBrian treats the stock as a financial instrument which competes with treasury notes. It's the dividend vs treasury note yield. Company future and fundamentals are ignored. But what else can he say when a caller at random asks about Northland?
Interesting to see how the Scottish portfolio will pan out financially. Floating windfarm involved.
For now Hai Long and Baltic have added value to the company. Something analysts can grab onto.
Can calculate NPV and IRR numbers. The discount rate is not an estimate and the revenues have clarity. A reliable estimate of current value can be calculated.
It's not like calculating NPV for a mining property, based on vague assumptions about future metal prices and discount rates. The property itself may not pan out still being in an early stage. Measured and indicated estimates can vary a lot also.