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re: Looking for opinions on HK.
Posted on 12/19/13 at 10:20 pm to Friedrich Nietzsche
Posted on 12/19/13 at 10:20 pm to Friedrich Nietzsche
Their plan was to acquire/build a large unconventional portfolio...and through mass create a takeover target...so they overpaid for fringe AC around a bunch of unconventional fields....the 3-5 yr build and flip plan is now kicked out to another 3-5. The unconventional mania is over...HK will flip but it will be at a small multiple.
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