Originally Posted by
Roger
With respect, you can take it as read that most of us on here are well aware of market supply and demand dynamics and there effect on the SP. My contention is quite plain, the Directors and managment have made a complete mess of managing the PRC event, they've forgotten who they act for and for that matter they've consistently demonstated a total inability to make any meaningful use of their abundent cash flow from Tui other than of course to make sure there's plenty of food to get their snouts into in their trough.
Valuing property companies is easy work, NZO too tough for you ?..not that I care there's a number of valuations doing the rounds excluding PRC but until the directors can demonstrate they remember who they act for the market will continue to take its own dim view.