Tuesday, February 26, 2008

Citigroup Break-Up Analysis - Part 3

I posted my extremely conservative valuation on Citigroup (C) last week and promised a more aggressive version in order to try and quantify not only a potential floor in the stock ($22?) but also a reasonable ceiling ($41?). Below in graphic form are three scenarios; my first one (conservative) as well as a moderate and more aggressive case. I will revisit these projections after Citi reports first quarter numbers, which might shed some light on their normalized earnings power.













Full Disclosure: Still no position in Citigroup at the time of writing

Related Posts:
Citigroup Break-Up Analysis - Part 1
Citigroup Break-Up Analysis - Part 2


Posted by Chad Brand at 11:57 AM

1 comments:

JoJo said...

Now that Citigroup has posted its first quarter earning for 2008, do you still stand by your original analysis, or you think you have to revise it?

5/02/2008 10:15 PM

Post a Comment

Subscribe to: Post Comments (Atom)
Disclaimer: The content contained in this blog represents the opinions of Mr. Brand. Mr. Brand may hold long or short positions in the securities discussed in this blog, but such positions will be disclosed. All of the information contained on this site is believed to be accurate when published, but mistakes could inadvertently be made. This commentary in no way constitutes investment advice because a reader's individual investment goals and risk tolerances will dictate which investments are appropriate for them. This blog is meant to be one of multiple sources of information for readers to conduct their own research in order to make personal investment decisions. Be sure to consult an investment professional before acting on any information that is contained in this blog. If you do not have an investment professional to work with, feel free to contact Peridot Capital, which is a registered investment advisory firm and works with clients individually.

Copyright © 2004-2008 Peridot Capital Management LLC