Indian Donn

[SIMBA]

A chap at Wanderes told me last night,that the upcomming 20/20 commitee, had block booked The Donn hotels for the duration. Has any body else heard anything...................

[topgun]

Well, Don could be a nice play on all the events coming SA's way. Following the revaluation of its property portfolio (at the top of the property cycle), nav is now stated as 53 cps, with the share trading at half that. Problem is its return on assets has always been poor with interest charges covered 2x or less, leaving little for the shareholders. The imminent interim result will again reflect that...