Analysguiden has reduced its target value for the real estate investment company Fastator to SEK 0.65 from SEK 1.20. This information appears in a commissioned analysis.
The analysis firm notes that there is potential to develop the company through property-related investments and active management of its holdings, provided the agreement with a committee of major bondholders regarding bridge financing is approved.
"However, the risk remains high according to Analysguiden until the agreement is approved. Given this, we are, as before, applying an additional risk premium of 50 percent to Fastator's average net asset value discount and adjusting our target value to SEK 0.65," the report states.
