elf schreef op 23 november 2013 16:51:
Koersdoel of niet maakt geen verschil en ook het onderstaande is slechts ter aanvulling van reeds opgedane wetenschap omtrent het aandeel dat ook nog eens te lijden heeft van ondoordachte beslissingen van het management,
Doch desondanks groeit het nog tegen die verdrukking in ook..........
AEGON N.V. (AEG) is a leading international insurance group based in the Netherlands that primarily offers life insurance, pension, savings and investment products. The company is still working through legacy issues but executing well in improving operational performance.
Although based in Europe, more than 2/3's of the company's revenue comes from North America. The European "discount" some investors are putting on the shares does not seem warranted for this reason. In addition, AEG is selling at around half its book value very similar to major U.S Banks & Insurers circa early 2010.
The shares also yield slightly north of three percent and this should increase nicely as the company continues its turnaround. The stock has doubled over the last year and a half, but is less than 40% of the level the shares traded at before the financial crisis.
Earnings estimates for both FY2013 & FY2014 have been revised sharply higher over the last month. The shares are too cheap at under 9x forward earnings.
(en de groeten uit Hees)