The stock has been striked by fear of the internet! However, it has hugely overdone it.
The stock is trading at P/NAV of 50%. Basically you are buying the assets for a 50% discount.
> The reason? Investors will take out all the need for physical stores.
However, what they don't realize for URW is that they are mainly in A-locations. The malls are actually...
In their report they're already talking about risk management with a possible upcoming recession. Unibail-Rodamco focusses on renting real estate to retail brands and standard housing;
sectors that will take big hits when an economy sinks into a recession.
A descending converging wedge is forming on the daily charts with the RSI indicating a small upward push...