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Power Corporation of Canada T.POW

Alternate Symbol(s):  PWCDF | T.POW.PR.A | PWCCF | T.POW.PR.B | T.POW.PR.C | T.POW.PR.D | T.POW.PR.E | T.POW.PR.G

Power Corporation of Canada is a Canada-based international management and holding company. The Company is focused on providing financial services in North America, Europe, and Asia. Its core holdings include insurance, retirement, wealth management and investment businesses, including a portfolio of alternative asset investment platforms. It operates through three segments: Lifeco, IGM Financial and GBL. Lifeco is a financial service holding company with interests in life insurance, health insurance, retirement and investment management services, asset management and reinsurance businesses primarily in Canada, the United States and Europe. IGM Financial is a wealth and asset management company supporting financial advisors and the clients they serve in Canada, and institutional investors through North America, Europe, and Asia. GBL is a Belgian holding company, which is focused on long-term value creation with a diversified quality portfolio of listed and private investments.


TSX:POW - Post by User

Comment by bingostaron Mar 18, 2021 11:06am
245 Views
Post# 32825661

RE:RE:RE:RE:More CELEBRATION

RE:RE:RE:RE:More CELEBRATIONThe NAV (net asset value ) is at 41.27$ at dec 31 2020 , an increase of 18% from last year. The Lion share is accounted at  10$ in the NAV , now LION is trading closer to 20 $ that will add another 1$ to NAV as of today . During the conference call , management mention that as today the NAV has increased another 8% overall.

So the SP is trading at a discount of 25% of the NAV on average , that mean the NAV is now at 44.57$ X 75%= 33.42$.

I sold my calls today more than double , cause rate jumps on 10 year , if it retrieve the SP will go down a bit ,but long term is a buy.
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