@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.
@Captain Blood I don't have a target or holding yet. Am just...
-
- There are more pages in this discussion • 90 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
