Not much action around here, and the stock seems to be making a move. Broke-out of consolidation base yesterday without much volume support, but up today with increased vlume.
Here are the CANSLIM data on LSBX:
C - last three quaters are as follows:
0.23 vs 0.13 = 77%
0.24 vs 0.15 = 60%
0.34 vs 0.13 = 162% (most recent)
A - 1995 EPS was 0.69. I have no data for 1994. 1996 EPS is already 0.81, thus beating last years, and we don't have the 4th quarter results, yet.
N - there have been rumors of a possible take-over, but we all know rumors are useless, but the company recently released a stockholders protection plan with options. Not sure that I understand the details of this.
S - 4.1 Million Float
L - RS: 88, EPS:99, A/D - B (maybe higher in tomorrow's IBD)
Grooup Rank - A.
I - 0% Inst Ownership, Although IBD lists a mutual fund that has holdings and Num of Funds Own is 3 (???< 1% of holding).
M - I think still good, maybe due for a correction, or better yet a shifting of funds to the small caps as the Dow and larger indices overeat.
PE is 8 (compared with 14-15 for its industry.)
BASIC INFO:
Lawrence Savings Bank is a Massachusetts mutual savings bank. The bank provides residential real estate loans, commercial real estate loans, mortgage loans, commercial construction loans, consumer loans, federally guaranteed student loans, and home equity loans. It also offers checking and savings accounts, money market accounts, NOW accounts, safe deposit facilities, and time certificates of deposit. The bank's Spruce Wood Realty Trust, Pemberton Corporation, and Spruce, Inc. subsidiaries provide real estate holding and investment services. Lawrence Savings Bank provides commercial and personal banking services through 6 offices in Andover, Lawrence, Methuen, and North Andover, Massachusetts.
What do you think?
Phil |
