In addition to its upside from present prices triggered
by impending catalysts and growing cash flow, Reading has an enormous «
margin of safety» both from the value of its
huge landholdings in Australia, New Zealand and the United States, as well as a reasonable valuation of its cinema
segment.
In addition to potentially sizable appreciation from present levels fueled
by both impending catalysts and growing cash flows, at current prices, RDI has an enormous «
margin of safety» both from the value of Reading's
huge landholdings in Australia, New Zealand and the United States, as well as an imputed compelling cheap valuation of its cinema
segment,
by taking out any conservative value for real estate.