Stephanie Tran - The book value is really only the cost of the...

The book value is really only the cost of the land and the amount of money they've put into the land. It doesn't reflect the market value of the land. In the last eight years, real estate has gone up quite a bit. Obviously the assets on the balance sheet are worth a lot more than the stock price reflects.

Stephanie Tran

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Stephanie Tran Quotes

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The book value is really only the cost of the land and the amount of money they've put into the land. It doesn't reflect the market value of the land. In the last eight years, real estate has gone up quite a bit. Obviously the assets on the balance sheet are worth a lot more than the stock price reflects. Stephanie Tran

They Said So®

Keywords

book cost land amount money put reflect market years real estate bit assets balance sheet worth lot stock price reflects

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