RE:RE:Port Moody update Thanks for the reminder to not forget that the corp web site needs to be periodically checked .
the confusing part imo is how PWC could sign off on last year's statements disclosing that all of the lands owned by the corp are part of the assets in operational use when clearly much of the $41 m of land value relates to a non-core parcel of land being rezoned for condos? That is rubbish and distorts the picture of this company.
Jonathan9 wrote: Investor presentation says $50M+
First time I've seen a number presented. I expect they are now pretty confident in that estimate.
Investor presentation is well done in my opinion. Definitely an emphasis on asset value.
My estimate of fair value is $8-12 per share.