i agree laidback3 Feb 2010 12:38
With companies like this, balance sheets are the key, it should have assets outweighing liabilities current and non current. The properties are simply lowered in value which is why the company seems to have a low share price, but when the market recovers which with the united kingdom now being out of recession with 1% projected growth, it seems highly likely the assets will grow, and at a fast rate.
when the asset values grow, i wouldnt be suprised if they start selling of unwanted properties, this would allow more capital to play around with to adjust to the olympics coming soon and with the economy coming out of recession. It looks promising but i have limited knowledge on this sector