AFG 1.54% $1.60 australian finance group ltd

I’m starting to feel optimistic. If there's no skeletons in the...

  1. dlo
    28 Posts.
    I’m starting to feel optimistic. If there's no skeletons in the closet and AFG on track EPS forecast ($0.6-$0.8), management can lob a bid at say $5(although potentially much more), take it private and achieve a 14% earnings yield. Re-float in a few years after credit markets stabilise at 15 times earnings and make an absolute killing. Somehow I feel we won’t be seeing AFG trading between $2-$5 post this announcement.
 
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