A uptrend is ongoing and could result in a significant increase. The prime reason for our investment into DB is for the underlying value at 187,5 DKK. The bank is trading at a low P/E for any C25 companies and as a bank it is as well trading beyond it's closest peers. With a P/E at under 0,6 the company trades under bookvalue. DISCLAIMER: NB Holdings owns and...
At this point in time a simple swing trade is not impossible with some 10-20% profit. However I believe that the stock can continue upwards to $12-20. I will hold and add as long as it makes sense This is in no way a recommendation. It is not financial advice. It is simply sharing my thoughts on my latest investment and why I like it