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


To: Spekulatius who wrote (35383)10/17/2009 6:42:42 PM
From: Spekulatius1 Recommendation  Read Replies (1) | Respond to of 78766
 
Another interesting Bank- also not for daytraders:
There are only 19,380 shares around, each costing a little more than 11,000$. Tangible book is around 14,500$. They pay 85$/quarter in dividends. In 2007 they made 1500$/share in earnings. The yahoo numbers seems to be about correct. Very solid metrics and no-nonsense management Despite the somewhat stodgy appearance they have shown decent growth over the years. Stock might be at 20,0000$ in a couple of years. Stock is too pricey for me otherwise I would buy one <g>. For someone with a larger portfolio - why not?

finance.yahoo.com
mechbank.com



To: Spekulatius who wrote (35383)12/30/2009 1:08:29 PM
From: Spekulatius  Read Replies (1) | Respond to of 78766
 
FMBL.OB on sale today. I bought my share (literally) for 3620$. LOL. I am figuring a bank with a 25% Tier 1 ratio can take a few hits.