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Strategies & Market Trends : Value Investing

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To: Lazarus who wrote (60140)5/15/2018 3:22:06 PM
From: Lazarus  Read Replies (1) of 79024
 
Update on SAGN now CAIB - California International Bank

Bank managed another losing quarter - $457k.
(now they have 2 branches to lose $$ at -- they added a branch in Rosemead last year)

On a positive note I notice that the new CEO - John G. "Jack" Briner - retired from a bank that was bought out.

I estimate BV to be over .09 per share so I added 10k shares @ .08 to my position today.

Fingers crossed

$CAIB
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