Building value at Thakral

A solid takeover play for property group Thakral sees its shares sitting at just the right price.

PORTFOLIO POINT: Thakral shares are well priced right now, thanks to a solid bid from Brookfield Asset Management that will probably move higher yet.

Thakral Holdings (THG). While the Brookfield Asset Management bid for hotel and retail property group Thakral was lobbed at 70c, this is well below net tangible asset (NTA) value and almost certainly pitched too cheap.

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