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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Spekulatius who wrote (29880)1/29/2008 12:39:26 AM
From: Spekulatius  Respond to of 78764
 
Some buys today:
CSCO, decent valuation (PE 15) and strong competitive position

DNBK: thrift conversion trading below IPO price. This is full conversion. 17.8M shares issues and received approx. 170M$+70M$ of equity (pre conversion). So we have 240M$ equity for 17.8M shares or 13.5$/share. DBNK is currently trading at 9.6US$/share or a 29% discount to tangible book. DNBK decent size (1.3B$ balance sheet) is a strong plus, IMO.