CYB 4.41% $2.17 cybg plc

Another Misunderstood Spin-Off, page-7

  1. 569 Posts.
    lightbulb Created with Sketch. 14
    @Captain Blood I don't have a target or holding yet. Am just starting to look into it. What peaked my interest was the spin off situation and price to book of 0.5x in @madamswer 's original post. That and I have seen him/her make logical cases for or against investment in other companies I have invested in.

    Regarding price to book, here is an old Fool article talking about Australian banks trading at a significantly higher ratio than CYB. http://www.fool.com.au/2014/02/24/4-ways-to-value-the-big-banks/ It would be easy to extrapolate the ratios in that article to a much higher CYB price. However I don't have any info on UK banks, not an area I am familiar with.

    At this stage I am interested in following the company, not sure if time will allow me a deeper dive into it.
 
watchlist Created with Sketch. Add CYB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.