Added to YB: 2024-06-17
Pitch date: 2024-06-14
CAIROMEZ.AT [bullish]
Cairo Mezz Plc
-37.9%
current return
Author Info
No bio for this author
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Company Info
Cairo Mezz Plc holds and manages mezzanine and junior notes in Cyprus. The company was formerly known as Mairanus Ltd.
Market Cap
EUR 65.2M
Pitch Price
EUR 0.37
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
-0.69
EV/Sales
-0.70
Sector
Financial Services
Category
special_situation
Show full summary:
Cairomezz Plc
CAIROMEZ.AT: Greek NPL securitization at 50% discount to equity. Overcollateralized, curing & collections underestimated, re-performing loan sales/re-securitizations underappreciated. Designed to be antifragile, make Senior tranche whole in stress, remunerate shareholders. Cypriot-listed, underfollowed. Multiples upside in 1-3yrs.
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