RE:RE:RE:Over done.Nedstar - Not hard to see TD has 1.75 billion shares outstanding. Multiply it by any number you like to get the value drop. 30 billion would be a $17 dollar drop, so yes, he is exaggerating a bit using an $8 drop. Point remains, this should be a $110 share in the absence of the money laundering and that is over $50 billion in market cap to the current price.
nedstar71 wrote: DeanEdmonton wrote: Alert - you just have to quit injecting data and common sense into the hysterical atmosphere. Takes all the fun out of the full monty whining. :-)
alertmeipp wrote: The earning from US retail is ~25%, even assume there is not growth on it for next 5 years, plus annual overhead of 500mm.
We are talking about less than 5 billions impact to TD's value. And that's assuming 5 years asset cap.
Add another 5 billions to be even more conserative. TD lost 30-50 billions market cap because of this?
If those analysts and advisors are any good, they would not be working for someone else, and not in a Canadian banks anyways.
Might be better if he quit injecting nonsensical data and the common sense may be taken more seriously. $8 or 9 bucks off TD's share price translates into 30-50 billion off the market cap?