Their assets are at least not overvalued which meant NTA is real
VESSEL DISPOSAL UNDER THE DISPOSAL MANDATE
http://infopub.sgx.com/FileOpen/Disposa ... eID=496094
joelmann wrote:I ´ve been following your comments on Samudera. I would appreciate you could help me with some doubts I have on Raffles Quay where company has its office in Singapore. They bought it (30.000 sq/ft) for 40M$ in 2006 at 1.333$/sqft. In august 2006 the sold 1 floor for 14.6MSGD (11MUSD).
- Do you know many sq feet are they still owing after the sale?
- What price do you give to sqft in that location? According to this (https://www.prnewswire.com/news-release ... 39094.html) price doesn’t seem to have raised too much since 2006.
- On the other hand, I find the 25% share they have on TANGGUH TOWUTI (joint venture) a kind of hidden asset. Do you have an estimate value for this share? I think it could be about 20M, given the fcf is generating and that it is based on a long term contract.
Thank you
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behappyalways wrote:Company seems to have sold a ship (Sinar Kutai) recently but not reported.....
https://www.hyqfocus.com/resource/repor ... report.pdf
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