Freight Links: News could spur interest in the counter, given the recent activity in penny stocks. Freight Links is exploring a potential sale of certain of its properties to SIP to kick start the initial portfolio of the proposed Reit. This could enable Freight Links to monetize a significant part of its balance sheet - stated asset value of its combined investment properties and leasehold properties are worth $0.076/sh, This compares with the $0.06 share price at last close...
A successful listing of the proposed reit would be another catalyst for Freight Links. Freight Links currently trades at 9.2x PE, and 10% discount to its net assets.
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