markets · · seekingalpha.com
Peugeot Invest: Holding Discount With A Nice Carry Return
The discount to Peugeot Invest's net asset value (NAV) is at an all-time high in relative terms. Even if we give no value to the auto positions of the company (22% of the total), the market cap would be 55% below the rest of the net assets. There is a new promising management in place, which will probably bring more clarity to the investment strategy.
The discount to Peugeot Invest's net asset value (NAV) is at an all-time high in relative terms. Even if we give no value to the auto positions of the company (22% of the total), the market cap would be 55% below the rest of the net assets. There is a new promising management in place, which will probably bring more clarity to the investment strategy.
- #PEUGF