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Posted by
Two Blokes Jul 3 -
Filed in
Stock
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5 views
Exor trades at an 88% NAV discount, which, we believe, is unjustified given its diversified holdings and substantial Ferrari stake. While Stellantis faces challenges, Exor's exposure to more resilient assets, along with a now de-risked position in Philips, underpins a constructive view. With a robust balance sheet, an ongoing buyback, and a solid track record, we remain buyers of EXXRF.
