For example, I suspect the M&A value of Nomadic Dairy is significantly higher than its current book value — this value differential could be pretty meaningful to what will be a sub-40 million mkt cap company & likely explains why management's obviously comfortable buying back shares at a premium to the current (under --RRB-
stated book value per share.
Not exact matches
A: At the end of March, AIG's
stated book value was $ 80
per share.
However, if I look at the developement of
book values for financial companies, I always look at both,
stated and tangible
book value per share.
Meanwhile the cash hoard is building and the market is beginning to notice; the
share price has finally moved up from the mid / upper 20's to around $ 34
per share with the latest announcements and is now trading for just over 80 % of
stated book value and 88 % of post transaction cash
value.
For example, in 1964 we could
state with certitude that Berkshire's
per -
share book value was $ 19.46.