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Executive Summary Tufton Assets Limited (LSE: SHPP) presents a rare and compelling opportunity in public markets: a high-yield, NAV-discounted, actively managed vehicle with a clearly defined end-of-life wind-down strategy. The company's structure, execution history, and exposure to shipping segments aligned with geopolitical and macroeconomic dislocation make it uniquely suited for investors seeking inflation-protected income, asymmetric upside from trade realignments, and built-in downside mitigation through real asset monetization.

UBS:23 C:22.2 mark

This belgian REIT feels confident in meeting customers needs and trends and challenges related to internet purchasing. I put its value to EUR 50 per share, which corresponds to the sectorial discount of 20 %.

Kina Securities: An Important Cog in Developing Economies Kina Securities Limited (ASX: KSL) is a diversified financial services company headquartered in the developing economy of Papua New Guinea (PNG). Over recent years, it has been steadily expanding its footprint across near Oceania and the broader Pacific region.

Risks Are there any risks that your catalysts won't play out as expected? Are there any regulatory or competitor risks that could change the outcomes above?

Assumptions: 5% EPS 7-yr CAGR & 45% retention rate

7 year CAGR of EPS forecasted at 6.6%

Smartcenters has a diversified portfolio of clients that are pretty recession proof and immune to standard retail challenges Occupancy rate is higher than industry standards while also being able to charge more due to their quality locations Top-tier management that is financially conservative allows them to keep their incredibly high dividend in times of economic downturn while competitors were forced to lower dividends The company's financial position is solid and the giant dividend they are paying is still maintained by cash flows Expanding into mixed use facilities and self-storage will create a more diversified and secured revenue base Decrease in interest rates will lower costs and improve margins giving the company a better cash position to decrease debt or encourage growth

Approx 7% EPS CAGR