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


To: geoffrey Wren who wrote (59419)5/2/2017 12:28:47 AM
From: Lazarus  Respond to of 78748
 
yes, yes, & yes



To: geoffrey Wren who wrote (59419)5/2/2017 2:08:16 AM
From: Lazarus1 Recommendation

Recommended By
E_K_S

  Read Replies (2) | Respond to of 78748
 
as per this message....

Message 31089817

building position in RFIL

Also added some TRVB recently.



To: geoffrey Wren who wrote (59419)7/14/2017 3:08:40 PM
From: Lazarus  Respond to of 78748
 
SORF: symbol changed to SOHI



To: geoffrey Wren who wrote (59419)8/30/2017 11:43:19 AM
From: Lazarus1 Recommendation

Recommended By
mike macklin

  Read Replies (4) | Respond to of 78748
 
UABK - this former penny stock bank did a 50/1 reverse split and according to the information I recieved from the bank in Feb they have 950,168 common shares outstanding.

I assume that the preferred shares mean the commons represent approx 70% of the capital structure.



Is that a fair assumption?

The call report and banknet show earnings of 1,981,000 for the first 6 mos of this year.

When they did the reverse split they gave fractional shareholders $16.48

My guess is that this bank is undervalued here... but I'm still just learning how to figure out how to value banks.

I added 300 shares last week.



To: geoffrey Wren who wrote (59419)10/12/2017 4:04:42 PM
From: Lazarus  Read Replies (1) | Respond to of 78748
 
I've trimmed back on SORF -- > now SOHI to a tracking position. They are reporting on the OTCbb - but currently losing money.