Current P/B of 0.36x. Wow.
Correct me if wrong, would an appropriate way to think about this value proposition be as follows:
For each $1 of CYB stock purchased, one will "receive" $2.77 (1/0.36) of underlying tangible (excluding minority interests etc) equity ownership, currently returning 10% p.a, with the potential to return 12% p.a within a few years?
This is just madness - the business appears to have become completely seperate from the ticker code - almost like two totally seperate entities.
Is anyone aware of any intelligent analysis or viewpoints demonstrating any legitimate current risk exposure to significant and permanent loss of equity? I would be very interested in reading alternative views based on proper* analysis (if such views exist?)
* Not "Brexit = significant and permanent loss of equity. Especially for CYB (as relative valuation implies)"
- Forums
- ASX - By Stock
- VUK
- Ann: CYBG PLC Third Quarter 2019 Trading Update
Ann: CYBG PLC Third Quarter 2019 Trading Update, page-139
-
-
- There are more pages in this discussion • 152 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VUK (ASX) to my watchlist
(20min delay)
|
|||||
Last
$4.24 |
Change
-0.010(0.24%) |
Mkt cap ! $2.050B |
Open | High | Low | Value | Volume |
$4.26 | $4.26 | $4.24 | $2.765M | 651.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 98192 | $4.24 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.25 | 42497 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 100198 | 4.240 |
11 | 110118 | 4.230 |
11 | 22966 | 4.220 |
7 | 25436 | 4.210 |
6 | 30569 | 4.200 |
Price($) | Vol. | No. |
---|---|---|
4.250 | 82467 | 36 |
4.260 | 113889 | 13 |
4.270 | 25030 | 19 |
4.280 | 53032 | 16 |
4.290 | 14171 | 6 |
Last trade - 14.23pm 10/09/2024 (20 minute delay) ? |
Featured News
VUK (ASX) Chart |