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Global Indemnity plc Message Board

valueinvestor123 1 post  |  Last Activity: Jan 27, 2014 8:18 AM Member since: Nov 13, 2004
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  • valueinvestor123 by valueinvestor123 Jan 27, 2014 8:18 AM Flag

    Now, it is best time to discuss the land value, since we are going to hold the stock of the property manager very soon.

    As for the 566,100 square feet (52.592 square meter) in Gushu, Shenzhen, from August 5, 2013 press release, it mentioned the adjacent land fetched at $20,000 per square meter. It implied the land of Gushu, Shenzhen is worthy of over $1 billion.

    As for 1.2 million square feet in Guangming, Shenzhen, I have no idea how much it is worthy of.

    Anyone has the idea of how much they are worthy of?

GBLI
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