RDIB - 2 Ways To Get A Return From Reading International Stock
- Reading International is active in the US, New Zealand and Australia with two businesses: real-estate and cinema operations. Rising real-estate values partly compensated for Corona driven headwinds for cinemas.
- Reading International is massively undervalued. The enterprise value of the company is lower than just the value of the real estate assets on the balance sheet.
- Considering Reading's low valuation, an investment in the common stock is a good idea. It should pay off in time.
- Reading has two series of stock, RDI and RDIB. A large irrational spread between these two presents a second way to get a return from Reading International: shorting RDIB.
For further details see:
2 Ways To Get A Return From Reading International Stock