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BB&T Corporation Message Board

  • tt77 tt77 Feb 12, 2004 1:34 PM Flag

    question

    If STI has 125 billion in assets and sells for $75.00 and BBT has 90 billion in assets why then can't BBT sell for 50 to 55 dollars a share?

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    • Sounds good to me.

    • tt77

      On your question.
      If STI has 125 billion in assets and sells for $75.00 and BBT has 90 billion in assets why then can't BBT sell for 50 to 55 dollars a share?

      STI has 281,530,000 shares outstanding and market cap. is 20 billion 762 million.

      BBT has 546,607,000 shares outstanding and a market cap of 20 billion 432 million.

      If the above is correct and assets are that important in determing share price shouldn't there really be more difference in price of these two's shares?

      Yours for better investing,

      Jim

    • Okay, now we're really getting confused. The absolute per-share stock price of STI, BBT or any other stock has no significance. What counts is its total market capitalization -- the total number of shares outstanding times the share price. (Management can always manipulate these two variables by splitting or not splitting the stock, but at any given moment they will produce the same result.) It so happens that STI and BBT have market caps of about $20 billion. Quite literally this means the market for whatever reason thinks both companies are "worth" the same thing. I'll let others take the analysis from there, since you can draw a number of interesting conclusions depending on your marketplace viewpoint.

 
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