VPG - Valad Property Group

[Tekwrek]

This stock has really been surging everyday for 2 weeks now, any thoughts as when to get out?

 

[Tekwrek]

From a low of 96c on the 12th Jan to 1.35c today.
Up 7% today.
Anyone have any news?

 

[nulla nulla]

Has their been any development with the proposed management buyout of the European section? While the A-REIT sector spiked in general over the last week, vpg seems to have benefited from a higher % jump.

 

[Tekwrek]

Up another 4% today.

 

[nulla nulla]

struggling to hold the gains today.

 

[Tekwrek]

struggling to hold the gains today.

I think it could be a time to jump.

 

[Tekwrek]

I'm still buying and averaging down. When something has assets well ahead of its market cap then it should be a good buy. VPG has this and the NTA does not include any allowance for goodwill or for the value of its management business. I can see no reason for recievership, that is the only worry. I'm expecting VPG to trade its way back to a point where the SP will have a change for the better. DYOR ( I'm often wrong)

Get ready for a windfall, it has finally arrived.
http://www.smh.com.au/business/valad-impaled-as-blackstone-bids-20110429-1dzj9.html

 

[Tekwrek]

Get ready for a windfall, it has finally arrived.
http://www.smh.com.au/business/valad-impaled-as-blackstone-bids-20110429-1dzj9.html

WOW a 52% rise after trading halt.