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Strategies & Market Trends : Value Investing
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To: Spekulatius who wrote (38306)5/17/2011 9:57:04 AM
From: Spekulatius  Read Replies (1) of 78748
 
re DL.AS @16.7 Euro - added to my Delta Lloyd today. This lot is currency hedged (don't like the Euro compared to the US$ right now). DL.AS is a cheap Benelux life insurer, spun of from Aviva. Tangible book ~24 Euro/share. There is very little exposure to PIG debt. There is a 0.6 Euro dividend in the current stock price that will be paid in a couple of days.

This is an Einhorn pick - do a search in Gurufocus for more info on Einhorn's opinion regarding Delta LLoyd.

deltalloydgroep.com
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