A uptrend is ongoing and could result in a significant increase. The prime reason for our investment into DB is for the underlying value at 187,5 DKK.
The bank is trading at a low P/E for any C25 companies and as a bank it is as well trading beyond it's closest peers.
With a P/E at under 0,6 the company trades under bookvalue.
DISCLAIMER:
NB Holdings owns and trades this stock
This cannot be seen as financial advice.
The bank is trading at a low P/E for any C25 companies and as a bank it is as well trading beyond it's closest peers.
With a P/E at under 0,6 the company trades under bookvalue.
DISCLAIMER:
NB Holdings owns and trades this stock
This cannot be seen as financial advice.
Related Ideas
DB Update
NorthernBlossom
about DANSKE