Author Topic: JEF - Jefferies Group  (Read 546819 times)


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Re: JEF - Jefferies Group
« Reply #1510 on: October 14, 2018, 07:19:40 AM »
Most IB's havent done much lately, and JEF has historically been a value trap IMHO.  With that said - at a 5 year low, you now have me interested!

Itís mildly interesting, but also note that GS trades at 1.1x book and is a far better business. also note that GS has a huge wealth management business that would be worth a much higher multiple stand alone. JEF does not have a wealth management business, itís a second grade investment bank.
To be a realist, one has to believe in miracles.


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Re: JEF - Jefferies Group
« Reply #1511 on: January 10, 2019, 08:39:22 PM »
Jeff reported today after market close results through November 30 ,2018 .

"Fully diluted tangible equity per share increased by 22% from $20.48 at the beginning of the fiscal year to
$24.90 at November 30.2018 "