Can more value be derived from NEL?

This week, we at Bourse review the most recent financial results of National Enterprises Limited (NEL). NEL’s share price has slipped from $10.81 to $9.65 (down 10.7%) yearon-year, which may be reflective of investor expectations of the performance of NEL’s investee companies. We take a look at the NEL’s nine-month performance relative to the value contributed by its investee companies and provide a brief synopsis of the company’s value.