Markel is still cheap!
December 3rd, 2010
Mid November we stated on this blog that the stock of Markel Corporation (NYSE: MKL) is historically cheap as it sells at a price / book ratio of only 1.1 !
The board of directors seems to think likewise:
On Dec 1st they authorized a share repurchase program of $ mil 200.
This underlines how Markel’s management is aligned with the interests of their shareholders.
And …pssst… I want to share a “confidential information” with you:
Markel’s share price is the same as 2 weeks ago, still cheap by all means……..
Categories: Stocks / Aktien