I initially found RDI's predecessor companies when Reading Entertainment (RDGE)
traded at huge discount to book and a discount to cash.
Right now,
it trades at a huge discount to comparable companies and historical prices paid in the past for acquisitions of companies.
The share price of the company has been
trading at a huge discount to the industry creating an opportunity for not only income - seeking investors but also for growth - seeking investors.
Not exact matches
It's
trading at about 6.3 times earnings — a
huge discount to the 13 times earnings it
traded at in 2008.
In 2000, technology stocks
traded at huge valuation premiums; today they sell
at large
discounts.
Apple stock
trades at a price - to - earnings ratio around 10.5, a
huge discount versus the average company in the S&P 500 index and its P / E ratio in the neighborhood of 19.
It is currently
trading at a
discount of 25 % to underlying asset value, which is not that
huge, but if you take into account that shareholders will most likely receive $ 9 / share in dividends the
discount on the remaining holdings rises to 37 %.
They are
trading near liquidation value... and
at a
huge discount relative to the stock market.
Unless you work
at the
trading desk of one of the
huge wire house banks, you should use a
discount brokerage for all your investing.
I'll have no chance to sell down the shares in the pre-placing call - around period (so much for insider
trading / Chinese wall rules), I won't get to buy shares
at a
huge discount — but I do get to enjoy the dilution...