Yet Another Value Podcast

Bill Chen on HHC's value and Ackman's pending tender

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Bill Chen, a real estate investor, returns to the podcast to discuss HHC's value and why Bill Ackman's current tender for the company might undervalue HHC.  

HHC model: https://t.co/q6lQ69TeXZ 

Chapters 

  • 0:00 Intro
  • 2:50 HHC overview 
  • 7:15 How HHC can create value over time 
  • 9:15 Valuing HHC's operating assets 
  • 11:35 Opportunity cost versus other publicly traded real estate 
  • 17:35 Valuing HHC's unstabilized assets 
  • 19:30 Valuing HHC's Hawaiian assets (Ward Village) 
  • 29:55 Valuing HHC's "other" assets 
  • 31:40 Valuing HHC's MPC 
  • 45:20 Valuing HHC's Seaport asset 
  • 50:55 Why is HHC always trading under NAV? 
  • 54:00 Will non-Ackman shareholders ever realize value from HHC? 
  • 56:25 HHC's OXY deal 
  • 1:05:35 HHC's most recent MPC deal versus share buybacks 
  • 1:13:00 Ackman's long term HHC plan
    • ...more
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    Yet Another Value PodcastBy Andrew Walker
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