As a (looooong) holder of AEP it's good to see the market...

As a (looooong) holder of AEP it's good to see the market finally recognising its astonishing inherent value.

As has previously been noted in this forum, if you value AEP purely on its shareholding in IBA Health, it's worth about $2.15/share. Plus:
- it has cash of over $1/share;
- it has a loan to IBA paying interest at about 16% pa and worth approx 67c/share;
- it has stakes in Signature and Baycorp that are producing cash nicely thanks very much and which AEP values at $1.25/share;
- except for some non-recourse debt in some subsidiaries, AEP is entirely debt free!!

With a share price of $2, assets of more than $5/share, and no debt, I'm unashamedly a huge supporter of this stock. AEP's outlook is so bright, I'm gonna need shades.