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.

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.

  • #PEUGF