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


To: Graham Osborn who wrote (60303)1/16/2018 1:42:02 PM
From: Lazarus  Respond to of 78751
 
Honestly I'm not even familiar with P/B ratios quoted like that.

I do use OS not Authorized shares when I run numbers.

I only know basic math.

I believe from what information I have garnered that the shares are undervalued. Also appears they may be dealing with some troubled assets. Most of these banks -- like UABK -- I started out with when they were still in trouble... and needed further financing to get out of the woods (like paying of TARP $$). For the most part they have been working out. I'm speculating this one will to... but havent taken the time to look at it all that close.

I'm in Loma Linda California being treated for prostate cancer with Proton Beam Therapy. I'm about half way through the 9 week program.