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Strategies & Market Trends : Value Investing
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From: Tong Huang12/11/2015 4:06:31 PM
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What do you guys think about Standard Chartered (SCBFF)? Current price looks attractive with p/b 0.4
It passed BOE pressure test with $5.1B additional capital from rights issuing.
The new management seem to have a good plan to axe 15000 jobs to reduce cost by $2.9B, sell or restructure $100 billion loans.
business-standard.com
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