One mile of Ocean Front, One Incredible Real Estate Development

Multi-Billion Dollar Agreement Signed With Oman

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Message: Re: Land value increases

Mar 07, 2008 12:25AM

AGORACOM
Mar 07, 2008 06:21AM

Re: Land value increases "reflected in OMAG's share price," you say?

Think again!

Agoracom, OMAG plans to develope leased land, on one hand, and to build homes on the Sultanate's land on the other. At the time of sale the home buyer purchases the land underneath the home, which OMAG conveyes to Oman at closing less a commission, presumably.

So where 's OMAG's price leverage?

In fact, OMAG should hope land prices don't go up crazily and stifle current demand.

What am I missing?

harrell


Mar 14, 2008 08:11AM

Mar 14, 2008 11:14AM
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