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Microcap & Penny Stocks : PanAmerican BanCorp (PABN) -- Ignore unavailable to you. Want to Upgrade?


To: Buster who wrote (9332)7/28/1998 11:44:00 AM
From: ISOMAN  Respond to of 43774
 
Now you listen to me Buster! Always wanted to do that <gg>

Yes I am aware that 500 million in mortgage business is not net income. I work in the real estate industry.



To: Buster who wrote (9332)7/28/1998 11:44:00 AM
From: Gordon Gekko  Read Replies (1) | Respond to of 43774
 
Comparable Ratios

I found some data on Country Wide Home Loans(CCR) that can be applied to PRWT.

Revenue = $1.64B
Net Earnings = $365.8M
Net Profit Margin = 22%
Price/Book = 2.5
Price/Sales = 3.38
Price/Earnings = 15.15

They are the largest mortgage backer in the U.S. I am going to try to find some kind of closing percentage on their mortgages.

GG