Chemical Industries (Far East) Ltd

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10 years 5 months ago #20159 by Hk`
Anyone research in this counter, Chemical Industries (Far East) Ltd?

From the latest annual report, current share price of about $0.55 is merely representative of its Investment Properties fair value which is $38mil ($0.505 per share).
In other words the rest of its business which generates about $3-4mil ($0.046 per share) annually is effectively free?

Any thoughts?

Chemical Industries (Far East) Ltd
NAV : $1.19
P/BV: 0.4x
EPS (inclu FV gain):$0.13
P/E (inclu FV gain):4.2x
EPS (exclu FV gain):$0.065
P/E (exclu FV gain):8.4x

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