TSX:BPO.PR.A - Post by User
Comment by
SONOFFERGUSon Mar 23, 2024 4:07pm
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Post# 35948994
RE:RE:RE:RE:Wood Gundy: implied value of BPO/BPY = negative USD2.9b
RE:RE:RE:RE:Wood Gundy: implied value of BPO/BPY = negative USD2.9bHi
Indeed on BN and BAM ownership, but thinking it would be nice to be away from the BPG drag on BN valuation -- and I have plenty of upside on sunnier days through BPO ofc.
Yup, strange that Kingston isn't in the crosshairs.
To clarify, Wood Gundy is saying that when they add up the values of the publicly traded BN components -- BAM, BIP and the rest -- plus estimated values of the insurance and other private business lines, they arrive at $2.9b as the value hole ascribed to BPG by the market. WG thinks the market is wrong, so Kingston should be yelling at Mr. Market ex WG while waving the WG report in the air.
Best,
Sonoffergus