SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (25019)10/14/2006 11:54:49 PM
From: Spekulatius  Respond to of 78740
 
re FIFG - the bank has about 11.4M $ of goodwill on the balance sheet. if your subtract goodwill from the quite the tangible equity is about 28M$ - 15% less than the market cap.

Still a cheap bank but likely to stay cheap going forward, IMO.