HGPI: Horizon Group Properties Message Board

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Strategies & Market Trends : HGPI: Horizon Group Properties

HGPI 2.240

0.0%

Jan 9 9:30 AM EST

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To: a128 who wrote (18)	4/26/2007 4:23:05 PM
From: a128	of 20

Their latest financials came out a couple weeks ago. It appears that with the expected gain of $15.9 million, book value may actually be $10.21 per share. $15.9+11.482 divided by 2.682 shares outstanding. But thats as of 6/30/06 so they have probably had more operating losses since then. Stock is $5.76-6.25.

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