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Gold/Mining/Energy : CANADIAN MAPLE LEAF FINANCIAL CORPORATION
CNF 5.000+3.7%Oct 31 9:30 AM EST

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To: Ciao who wrote (20)3/2/2001 2:27:07 PM
From: michel petit  Read Replies (1) of 25
 
CML Global is still one of the most undervalued stocks in Canada.They own real assets:cash,real estate in Calgary,a parking management business in Hong Kong that is profitable,and a ~25% ownership in Chalk Communications(a media company).
Thet also own a huge land in Belize(in their books for ~$1 Million but worth probably many times more).
CML trades at ~$1.50-1.60 with a book value ~$3.00/share.
Intrinsic value is probably above book value.
Real estate and Belize land are worth more than stated book value.
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