Monday, November 04, 2019

Kasbank RIP: Buyout price near to Benjamin Graham intrinsic value



Today is the last day of trading for Kasbank stock. One of the oldest brands in the Netherlands is disappearing. It is becoming part of Caceis. A good example of a low Price to Value leading to a buyout. One of the reasons that the market is a "weighing machine" in the long term even if it is a "voting machine" in the short term. See www.ValueMachinesFund.nl 

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