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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (42769)5/26/2011 3:09:07 PM
From: MCsweet  Read Replies (1) of 78497
 
AAB.TO AABVF update,

Their major holding Sulliden is recovering nicely (up from 2.00 a few days ago to 2.39). That is also a nice a gain from the April 31st value of 2.06. Before I get too excited about the discount to NAV, I have to remind myself that it was an even bigger discount back in 2008 - 2010. I suppose that on a market downturn, it could go back there again.

(Side comment: I wish I had known about this stock back then.)

MC
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