KKR Financial Holdings LLC
KFN
position
long
Lee Cooperman
Thesis
KKR Financial has a dividend yield of 9.75% which is covered twice by earnings, making it an attractive investment. The stock is currently trading at $7.75, which is 20% below its real book value of around $10, providing a margin of safety.
Did it work?
Not analyzed yet — run analysis from the issue page.
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