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  • mawsii1 mawsii1 Dec 16, 2011 10:31 PM Flag

    Book Value 52/share

    it can't last forever, commercial buildings had the same trough for a period during the melt down, but now are doing extremely well. General growth properties dropped to 38 cents and fell into the banks, was taken over for 12. per share and now worth 3 times value of 40 maybe a high number today, but considering how much they have already depreciated, older companies have alot of assets no longer on the books due to being totally written off. 10 is a steal for this co, certainly the two directors think so being they have paid more than 20plus per share average and the new ceo has options priced at 22.50 p share if the co is taken over. They certainly know more than us