GPG 4.65% 45.0¢ guinness peat group plc.

750m cash mkt cap 950m, page-6

  1. 2,499 Posts.
    Check out their update released in early Jan. Gives a good summary of its investments.

    i don't think there will be any release of value next year. the DOW was 10,000+, All ords 5000+, lehman was still standing, and consensus was for a short but painful recession.

    These guys do not like selling things at a large loss. They will hold onto their assets until they can at least recoup their investments in my opinion

    Looks like I've made a mistake with this one... the cash backing was nice but incredibly did not provide enough of a buffer
 
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