19-08-2017, 11:04 AM
All these talks are based on assumption that mgmt will do share buybacks, realise their investment assets etc. Low PE does not mean anything. Buying shares of a company with assets equivalent to market cap also mean nothing. the reason is because we cannot decide the company direction at all. if they choose not to give anything back we got to respect unless you are WB and hold a significant stake in the company.
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