Genworth Financial (GNW)

Add a New Bulls Reason Company: Genworth Financial (GNW) Current price: Headline: (100 character max) Analysis: Cancel 100% agree 14 votes   Way too undervalued! Top Contributor: Marco Villacorta | Created when NYSE:GNW was $2.72 | Edit | History The book value per share as of the November 2008 10Q is reported to be $24.24. To come up with this number, I subtracted the total assets from the total liabilities and divided the difference by the total number of shares. Now the main concern that people have about GNW is its exposure to Subprime and Alt A mortgages. FINE! Let us assume that all of these investments went down to 0. Even if we wrote of the entire value of these assets, we would still come up with a book value of $4.74 - almost twice its current value today. Furthermore, there has been strong evidence in the options market that this stock is ready to break higher. (100 character max) Cancel

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.