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I highly recommend anyone reading the ACF report again, all of it.
Lots has changed since it was written and its actually not that difficult to come up with a more recent valuation from the information contained within, dyor and you will not be disappointed.
For reference i believe a conservative estimate of 15- 18% wacc Can now be used but again dyor and figure out what you believe it to be.
Worth noting it doesnt say how many they are still working toward just that since july they have received multiple, my take on this was they are working toward one particular offer, one that involves multiple parties (as per rns) that culminated into one large full sale.
A mamoth task that would require the likes of UBS and DLA to be involved.
One which would require each asset sale to be finalised in order for the deal to be put to us shareholders. An item of which was pinpointed was the delay due to russian holidays, which as we all know is whats delayed the dfs.
The dfs is needed to finalise wk perhaps that is the last piece of this puzzle.
Hey it would be fantastic to see it tomorrow! As i say its not impossible
I just think its improbable and as such dont want everyone to worry if it doesnt come tomorrow
Good luck! It’ll all come good soon enough
Caw1 be careful setting unreasonable time frames does not actually help the share price when they are not met, just remember these things need to happen before we see that dfs rns-
They get round to signing it off
Then they post it to us
Then we need to rns it
Now i dont believe a single working day is a reasonable time to do that, its not impossible no but likely? Ill leave that up to you.
It will come and your right the sp will rerate upon the news but setting unrealistic expectations is not good for the share!
Crippz based on proved up figures you are correct.
Theres a very high market sentiment for them at the moment. All data is readily available to view in rns form
Im not saying ggp is over priced.... more so EUA is underpriced
I cannot believe this post has so many comments, so im going to help you all out with basic mathematics.
To work out a percentage drop.
Take the high and minus the low
Divide that figure by the high
Times it by 100
Argue amongst yourselves what numbers to use but that is how to do it
Wow that was a large quantity of nonsense.
Simple fact is EUA was never for sale for “£50” it was never for sale for less than whatever it is the bod decided they want for it way back at the start of fsp, this is the exact reason the sp has risen, this is how shares work.
So your point is null and void this house was never £50m it wasnt ever even £1b.
Hence the market rerate upon the news so far
Sorry not been very active recently been mad busy, just wanted to say GLA we are so close now, its been a wild ride but we are at the end, with the world falling apart around us its fantastic for me to know i hold shares in a company that is about to make aim history!
Theres tons of idiots about at the minute i have noticed which makes me think we are even closer than you might realise, ignore them we all know they spout nonsense that even the very basics of basic research can quickly put to bed so just dont reply.
I dont have tons of time to check the board but just thought id check in whilst i had 5 minutes, the end is in sight all so put your feet up, grab a brew (or rum), chill, ignore the idiots and let the bod do there job.