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Is anyone following or know a company that’s basically a massive land bank or a pile of assets or equity holdings in other companies disguised as a "boring" business?
It’s like the business itself is just a side hustle for their real estate or some other solid assets
It reminds me of those "Asset Play" stories from the old days where a company gets bought out just for its land or its stake in another firm (like the Prosus/Tencent or Toyota Industries situations).
Does anyone have a ticker on their watchlist that's trading at a deep discount but has serious "hidden" value? I’m looking for stuff where price discovery hasn't happened yet because the sector is "dead" or the management is too boring for the hype crowd.
What’s your best "buying a dollar for fifty cents" play?