HHG has been the big turnaround story of the year..closed up 3% in London overnight to 50p or 129.7c.
It's just a matter of time before Resolution Life takes out HHG's closed life business and AMP sells its 11% of HHG for around $330M to book a profit of ~$90M
With the AMP overhang out of the way and the freeing up of capital with the life business gone,, HHG is going to rocket to its fundamental valuation of $1.70-$1.90...this one still has a way to go.
I hold 140K HHG
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HHG has been the big turnaround story of the year..closed up 3%...
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