REU
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0.00% 0.5¢ rubicon europe trust group

not only underwater it is sinking, page-7

  1. htran7528
    2,938 Posts.
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    21/02/09
    20:35
    Post #: 4823541
    not yet.

    don't write it off as yet, the CRE might be impaired. However real estate in German has been holding up well.

    REU has long term lease and good properties.

    CRE loan might be in a lot of trouble, however Four Seasons health care loan which is worth somewhat 50 million pound has not been written off as yet. Looks like there will be some sort of debt swap.

    if the CRE loan survives this crisis, REU will be a winner.
    REU Price at posting: 0.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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