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No. of Recommendations: 3
If one were to include this bump in value, a rough current estimate of BV per B share would seem to be $97.4 + 1Q increase in book (I haven't done any estimate but a $2 increase would seem to be a reasonably conservative estimate given the recent trend) + $3.3 from Kraft-Heinz = $102.7 or roughly $102.5 to $103. This makes current P/BV 1.4 again - not a bad time to add IMHO.
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