Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev | Next
Author: RondoAZ Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 634  
Subject: AXA Date: 6/14/2012 11:27 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
Reading "The Davis Dynasty" with great interest in the multiple threads it weaves, I was jounced to revisit a company that has been on my back burner.

While not ready yet to pull the trigger, I believe that the EU situation is positioning us (we fools, who are investors looking for long term value and wealth creation) for opportunity.

One of those opportunities might be AXA. AXA is a well-known and global insurance company. It has paid dividends regularly. Price to sales is about 0.22; Price to book is less than 0.50. Cash per share is $16.94 vs current price of around $12.

It is a French based company. That said its origins go back to 1817, while the group was reformed after WW2 in 1946. This was a time when the world at large became strongly influenced by the Insurance Industry.

I will do much more digging, but something is out of whack here, and I smell the potential of "La vie en rose".
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev | Next

Announcements

Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Looking at Currency Ratios
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement