BargainValueHunter Posted February 23, 2013 Share Posted February 23, 2013 Fortress, Sears Holdings, AIG and other companies have been mentioned here as those that may be worth more broken up than the current stock price reflects. Are there any others that you feel currently trade for less than the sum of their parts? Link to comment Share on other sites More sharing options...
Packer16 Posted February 23, 2013 Share Posted February 23, 2013 BAC and C come to mind as spin-off/break-up candidates. Packer Link to comment Share on other sites More sharing options...
thomcapital Posted February 23, 2013 Share Posted February 23, 2013 Visteon is another, though I haven't kept up with their progress: http://www.cornerofberkshireandfairfax.ca/forum/investment-ideas/vc-visteon-corp/ Link to comment Share on other sites More sharing options...
ItsAValueTrap Posted February 24, 2013 Share Posted February 24, 2013 Northfield Capital (NFD.A on the Canadian Venture exchange). Almost everything they own is in stocks or cash. It is extremely illiquid. Link to comment Share on other sites More sharing options...
Buckeye Posted February 24, 2013 Share Posted February 24, 2013 Loews? May have been mentioned before. Link to comment Share on other sites More sharing options...
BargainValueHunter Posted February 24, 2013 Author Share Posted February 24, 2013 Northfield Capital (NFD.A on the Canadian Venture exchange). Almost everything they own is in stocks or cash. It is extremely illiquid. Northfield? Interesting...thanks! Link to comment Share on other sites More sharing options...
eclecticvalue Posted February 24, 2013 Share Posted February 24, 2013 vivendi SA Link to comment Share on other sites More sharing options...
bookie71 Posted February 24, 2013 Share Posted February 24, 2013 Any of the "too big to fail" banks. Link to comment Share on other sites More sharing options...
StubbleJumper Posted February 24, 2013 Share Posted February 24, 2013 There was an article in today's Globe and Mail about the potential acquisition of Safeway Canada for up to $5.5B, which is about the same as the entire market cap of SWY... Link to comment Share on other sites More sharing options...
motownsf Posted February 24, 2013 Share Posted February 24, 2013 WNMLA trades at huge discount to value of one of its holdings. Link to comment Share on other sites More sharing options...
constructive Posted February 24, 2013 Share Posted February 24, 2013 Genworth (GNW) plans to continue monetizing non-core assets, including Genworth Australia later this year. It trades at 0.3x tangible book value. Vodafone (VOD) owns 45% of Verizon Wireless, PNC owns 26% of Blackrock, and EMC owns 80% of VMWare. In my opinion all look very cheap on sum of parts. Also Exor, FFP and Porsche: http://www.cornerofberkshireandfairfax.ca/forum/general-discussion/auto-manufacturers/msg95647/#msg95647 Link to comment Share on other sites More sharing options...
BargainValueHunter Posted February 28, 2013 Author Share Posted February 28, 2013 Visteon is another, though I haven't kept up with their progress: http://www.cornerofberkshireandfairfax.ca/forum/investment-ideas/vc-visteon-corp/ http://www.benzinga.com/analyst-ratings/analyst-color/13/02/3348159/update-jp-morgan-upgrades-visteon-corporation-to-overwei JP Morgan noted, "We upgrade shares of Visteon Corporation (VC) to Overweight from Neutral, on the belief that the firm will act aggressively to fully realize the value of the sum of its various parts and upcoming catalysts that should give investors reason to more highly value its two most compelling assets. Visteon will be hosting two analyst days, on March 12 in Shanghai and on March 14 in Seoul, to highlight the attractiveness of its 50% stake in China-based Yanfeng-Visteon (YFV) and its 70% stake in publicly traded South Korea-based Halla Visteon Climate Control (HVCC)." Link to comment Share on other sites More sharing options...
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