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: Lazarus who wrote (55024)3/18/2015 1:08:38 AM
From: Jurgis Bekepuris  Read Replies (1) | Respond to of 78628
 
Thanks for answer. The management looks like a bunch of cowboys: lot's of swagger, but not clear if they can sustain actual results. I'll hold some more, we'll see how this year unfolds.



To: Lazarus who wrote (55024)3/18/2015 1:25:42 PM
From: MCsweet  Read Replies (3) | Respond to of 78628
 
Lazarus/MBNC,

This looks interesting.

I can't find net interest income and regular income statement information that any normal bank would publish. Do you have those? If not, why aren't publishing that basic information? Do they have something to hide?.

It seems like their earnings last year were tax write-ups and a bunch of real estate gains, but it is hard to tell cuz I don't see a decent income statement.

If I could get a bank around book value with ok income, this would be worth buying because you have a free lottery ticket for selling on greater fool theory, because to be honest banking for marijuana would be sexy industry that could get the stock way up.

Thanks,
MC