InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
4,967.23
(
-0.88%
)
US TECH 100
16,556.80
(
-2.24%
)
Dow Jones
37,986.40
(
0.56%
)
Brent Oil
86.63
(
0.00%
)
Bitcoin
63,364.41
(
-0.72%
)
Post# of 16
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

56Chevy

Send PM Follow Ignore
Followers 129
Posts 5085
Boards Moderated 1
Alias Born 04/10/2008

56Chevy

Member Level

Re: 1center post# 6

Thursday, 04/17/2014 12:32:57 PM

Thursday, April 17, 2014 12:32:57 PM

Post# of 16
That's a great start for 2014!

Doubtful the bank can duplicate that .46 eps for 3 more qtrs only because of where the extra earnings were generated from but if they can do even half that [.23], which is very doable, that would be an annualized EPS of $1.15.

Banks should sell at a P/E of 10

10 X $1.15 = $11.50

Todays Market value is: $5.15

We have an $11.50 bank selling for $5.15....where else can you buy an excellent, transparent, well managed, regulated and profitable business for < 50 cents on the dollar!

Can you spell - Low P/E...value found!

Marker:
Greer Bancshares, In (GRBS)
$5.15 0.0 (0.00%)
Volume: 0




If liabilities are greater than assets, the business is insolvent. Knowing the structure of those liabilities is where to make your money. EI-2010

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up