tag:blogger.com,1999:blog-6718159251318954028.post3001417100139331791..comments2023-07-02T07:02:24.456-07:00Comments on Bull, Bear and Value: Why I Bought Adrenna Propertiesbovinebearhttp://www.blogger.com/profile/04228265833456707316noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6718159251318954028.post-48793239902255314262018-03-02T16:20:04.549-08:002018-03-02T16:20:04.549-08:00The capitalization rate is 8% which is a reflectio...The capitalization rate is 8% which is a reflection of the earning power against the appraisal value. I said cheap because the PTBV is low. PTBV is he share price that shareholders pay against the appraisal value. bovinebearhttps://www.blogger.com/profile/04228265833456707316noreply@blogger.comtag:blogger.com,1999:blog-6718159251318954028.post-53365312148611547152018-03-02T03:12:18.566-08:002018-03-02T03:12:18.566-08:008% is not cheap on 7% rate8% is not cheap on 7% ratealtavistahttps://www.blogger.com/profile/10443439015369042857noreply@blogger.com