(A Top Pick Jan 19/06. Up 28%.) People are starting to finally notice this. Had traded thin and didn't give a lot of analysts coverage. A terrific bunch of assets. Net asset value is probably more than $70. Applying at 20% holding company discount, it is still about $55.
A big supporter of this company. Complicated company to understand because it has so many moving parts; a real estate investment trust, a wealth management company, an investment bank. Believes the net asset value of the company is over $60. Trading at a 35/40% discount to its net asset value.
When he recommended this, it was trading at a massive discount to its fair market value. Since then, it has gone up like a rocket. It is now within 15-18 percent of its true value. If you own, consider taking some profits. Still buying for new clients.