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Re: SSKILLZ1 post# 163802

Friday, 10/31/2014 8:54:03 AM

Friday, October 31, 2014 8:54:03 AM

Post# of 173724
RWCB

A Small Bank

I brought some this week in the $9.30-9.50 range (My favorite small Bank right now). Here is what I like.

1) RWCB earned .34 versus .24 last quarter. This is the cheapest bank I know, I think the stock should be trading close to $15.

2) RWCB Yields about 2.6%, which is decent.

3) RWCB is not just a cheap story, but is also and amazing growth story with Loans up 6% sequentially, and 20% y/y. So this is a great growth story that pays a divy. RWCB also trades very close to book value as well.

Conclusion: I like RWCB and think it is a undervalued growth story in the small bank space. All is just my opinion, and I could always be wrong though.

---All above is just my humble opinion.
And I could always be wrong.
And as always do your own DD.---
http://www.investorshub.com/boards/board.asp?board_id=5316

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