Q: Hi 5iResearch,
Thank you for continuing to provide this Members Question service. I for one really appreciate this and is one of the reasons I've recently renewed my membership for another year.
My question today may be a bit outside of your universe of coverage being a stock in the US markets. I would like to know your opinion on Western Union (NYSE:WU). I see that it's taken a beating last October and it's slowly recovering. I've noticed that the Price-to-Earnings ratio is really low and the Return on Equity is really high, which suggests a great value play. Do you agree?
Thank you for continuing to provide this Members Question service. I for one really appreciate this and is one of the reasons I've recently renewed my membership for another year.
My question today may be a bit outside of your universe of coverage being a stock in the US markets. I would like to know your opinion on Western Union (NYSE:WU). I see that it's taken a beating last October and it's slowly recovering. I've noticed that the Price-to-Earnings ratio is really low and the Return on Equity is really high, which suggests a great value play. Do you agree?