It came out ahead of schedule, as I was looking at the Q4 earnings release list and it was supposed to come out tomorrow. However, it doesn’t matter much since today is a public holiday and it was released after the market had already closed.
There seems to be steady progress on the execution side. Perhaps the biggest negative news is that the property values haven’t increased more in the valuation.
Of course, the biggest question here is Katzman’s shareholder policy, which raises questions. And no divestments have been achieved yet. There is certainly a glaring undervaluation in this ticker, but will anyone other than the main owner benefit from its correction?