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Rank Progress SA (RNKP)

Warsaw
Currency in PLN
Disclaimer
3.870
+0.070(+1.84%)
Closed

RNKP Comments

Many Polish hypermarkets in chains such as carfore, tesco edc, the premises are owned by RANK PROGRESS SA, a total of 1,500,000 m2 mordenr shop premises, where RANK PROGRESS rents shop premises. Also owns RANK PROGRESS SA large land holdings. a market price of 66 million pkz is total laterlift, for a protoil I value several billion plz. RANK PROGRESS SA has a good cash flow and will soon have to start paying dividends again. So if you have patience and can ignore daily fluctuations in the selling price of the share, I see that share as perhaps the safest investment, because there is so much value behind it.
Rank Progress SA has a modest market capitalization of 55 million plz. But has 1,500,000 M2 of the best properties in Poland, carfor, tesco and similar chain stores have all their properties owned by Rank Progress SAm lots of land. The housing market in Poland is exploding, and it is a ridiculously low market value. If you have lots of patience, this stock will one day make you rich.
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