But if KWG and / or Conwert continue to be neglected by investors, I'm sure they'll consider more aggressive measures to close
the current valuation gap.
What's perhaps more exciting though is the likely compounding after
the current valuation gap «s potentially closed.
Not exact matches
Modifications and foreclosures force a restatement of the asset on the balance sheet, and in the
current environment, the ability to obscure
valuations appears to be a primary reason for the growing
gap between delinquencies and foreclosures, as well as the reluctance of banks to modify mortgages.
Arguably, Newmark's intrinsic / sale value remains significantly higher than its
current market
valuation, but noting its
current management & governance, cash consumption & net losses, it seems obvious this value
gap won't close anytime soon.