doomsayers were saying that the 42 cts was the true value of CNP> How silly was that ? the share price did a 300%recovery before giving some gains back and is now at close 261% from the dreadful low. So.... what's the real value.? 25 Billions in assets 3.9 Billions in debts in the worst case scenario :putting it very simply say they sale 10 billions of those assets on a fire sale and get only 5 billions.... this still leaves 15 billions of assets in the pot; which translates to around $1.77 per share.
any amount the advisers manage to negotiate with the banks will significantly increase the sp. As for the gov super funds sticking their finger in this cake.... may be not because government entities are not good for business even if the profits are staring at them in their faces.
CNP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held