By Sabri Jalil
This is an additional info on AIG (please refer to previous article)
AIG yesterday closed higher to $0.50 from $0.46…it was gain $0.04 amid DJI down 88.87 points.
I found that AIG’s outstanding shares is 2.69b and its net asset value is $71.2b. By dividing $71.2b with 2.69b shares, net asset value per share is equal to $26.47. Net asset value per share actually is an actual value of share per share.
Now we compare market price (or market value) to actual value per share, it is 53 times cheaper.
When market price lower than actual price…is it an investment opportunity?
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