Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!









Show your support for what this community means to you:
Choose a Donation Amount
Username
(required for credit)
Welcome to the Hardcore Husky Forums. Folks who are well-known in Cyberland and not that dumb.

Opinion of Citigroup at $44


Fallen from post Covid High of 62 in June. Last 10 points down is former Ceo (being allowed) "to retire" by the board instead of being fired because of lack of institutional controls when it comes to their checks and balances with regulators.

Unlike Wells Fargo, this at least not yet does not appear to be coming from the top where the message was make the numbers by whatever you need to do, and is more an issue imo of a extremely large organization where the left hand doesn't know what the right hand is doing and are getting and acting upon different messages and rules procedures, etc.

Book Value is approx $71. Even giving it a 15% haircut b/c of covid and revenue issues going forward that puts it at 60. Add the 4.5% dividend in and I could see a 50% gain in 2 years.

It is in penalty box which is deserved, but only for 2 minutes, unlike Wells Fargo which has the 5 minute major which has just sat around $25 for the last 2 months.

Anyone else have an opinion/thoughts on the stock?

Comments

Sign In or Register to comment.