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MANU - AFC Ajax: 20% Below Book Value With Record Profits Ahead
Manchester United Ltd. Class A
After nearly doubling in 1 season's time, is there still some upside left for Ajax (AFCJF) this season? You will find out in this article. Spoiler alert: there is. Quite a lot, actually.
Last season's surge
Since the first of September 2018, Ajax's share price has risen by more than 90%. To me, this came less as a surprise as I already had written an article about the undervaluation of Ajax on another website.
Yet, even though I had recognized the undervaluation, I had never expected such a surge in the stock price.