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Re: BOS post# 30127

Wednesday, 10/28/2015 8:23:51 PM

Wednesday, October 28, 2015 8:23:51 PM

Post# of 30903
RCAP(.85) ~The Most Undervalued NYSE stock~ New DD

1) RCS Capital (NYSE: RCAP) is a New York Stock Exchange-traded financial firm that acts as a holding company for a network of subsidiary financial services-related business and firms. These include securities sales, investment banking and capital markets, investment research, financial advice, investment management, and financial services technology.

WEBSITE: http://rcscapital.com/
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2) RCAP family of 16 Companies

Home to the second largest retail financial advisor network in the U.S.,1 and with over 9,505 representatives and investment advisors across all 50 states, RCS Capital is dedicated to helping America's mass affluent investors receive professional, independent, unbiased investment advice.

A) RCAP's INDEPENDENT RETAIL ADVICE companies

Cetera Financial Group: https://www.cetera.com/

RCAP Acquired Cetera Financial Group, Creating Second Largest Independent Financial Advisor Network in USA from Lightyear Capital for $1.15 billion in cash last year

http://www.prnewswire.com/news-releases/rcs-capital-corporation-agrees-to-acquire-cetera-financial-group-creating-second-largest-independent-financial-advisor-network-in-america-240525571.html


First Allied: http://www.firstallied.com/

Investors Capital
https://www.investorscapital.com/

Jp Turner:
http://www.jpturner.com/

The Legend Group:
www.legendgroup.com.

Summit Brokerage: https://www.summitbrokerage.com/

Girard Securities:
http://joingirard.com/

Vsr Group: www.vsrfinancial.com/

http://rcscapital.com/retail-advice.html
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B) RCAP's INVESTMENT RESEARCH company

SK Research http://www.skre.com/
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C) RCAP's INVESTMENT MANAGEMENT company

Hatteras Funds: http://hatterasfunds.com/
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D) RCAP's INVESTMENT BANKING AND CAPITAL MARKETS section

http://rcscapital.com/investment-banking.html
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E) RCAP's TECHNOLOGY companies

Trupoly: https://www.trupoly.com/

Docupace Technologies: http://www.docupace.com/

DirectVest: https://www.directinvestments.com/
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3) RCAP's Most Recent Financials


Gross Revenue: $678.4 Million
Adjusted EBITDA: $26.9 Million
Assets Under Administration: $238.7 Billion
Financial Advisors: 9,505
Retail Clients: 2.5M

http://www.snl.com/Cache/1001201137.PDF?Y=&O=PDF&D=&FID=1001201137&T=&IID=4378143

https://www.sec.gov/Archives/edgar/data/1568832/000156883215000021/rcap-2015630x10q.htm
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4) RCAP share structure

Authorized Shares: 100 million

Outstanding shares: 85 million


Public Float: 30 million

http://finance.yahoo.com/q/ks?s=RCAP+Key+Statistics

https://www.sec.gov/Archives/edgar/data/1568832/000156883215000021/rcap-2015630x10q.htm
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5) RCAP's 92% of shares held by Insider and Institutions

RCAP's biggest shareholder Billionaire Nicholas S. Schorsch holds 21,090,475 (24.5% of outstanding shares)


https://www.sec.gov/Archives/edgar/data/1248577/000114420415057949/v420666_sc13da.htm

Nicholas S. Schorsch NET WORTH: 1.6 Billion https://en.wikipedia.org/wiki/Nicholas_Schorsch
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Luxor Capital Partners, LP holds 9,290,503 (11.2% )

https://www.sec.gov/Archives/edgar/data/1316580/000101359415000470/rcap13da8_081915.htm
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MPAP Holdings, LLC. holds 6.40% of shares

https://www.sec.gov/Archives/edgar/data/1568832/000114420415055513/v420497_sc13d.htm
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Apollo Principal Holdings holds 5.7% of shares

https://www.sec.gov/Archives/edgar/data/1413407/000110465915062483/a15-18655_1sc13d.htm
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Billionaire Cohen's Rubric Capital Management holds 5,523,646

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THE OTHER HOLDERS

Millennium Management LLC 2,550,488

Citadel Advisors Llc 2,460,886

Nokota Management LP 2,295,000

BlackRock Fund Advisors 1,789,792

Robeco Investment Management, Inc. 1,480,655

Vanguard Group, Inc. (The) 1,245,746


RCAP CEO Weil, Edward M., Jr. holds 1,239,669


CEO paid $2.30 per share on August 12, 2015.

CEO Edward M. Jr. Weil purchased 50,000 shares of the business’s stock in a transaction dated Wednesday, August 12th. The stock was bought at an average cost of $2.30 per share, for a total transaction of $115,000.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

http://www.dakotafinancialnews.com/rcs-capital-corp-given-consensus-recommendation-of-hold-by-brokerages-nasdaqrcap/487359/
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LIST OF THE FUNDS HOLD RCAP SHARES:
https://www.holdingschannel.com/funds/holding-rcap/

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6) RCAP's short volume 12 million shares as of September 30, 2015. About 40% of float short.

public float 30 million

http://finance.yahoo.com/q/ks?s=RCAP+Key+Statistics

http://www.nasdaq.com/symbol/rcap/short-interest
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7) RCAP book value per share 8.98 dollars

Book value: Total Equity/Outstanding shares

RCAP book value: 763.5 million dollars/ 85 million shares= 8.98 dollars

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8) Reuters is expecting 17 cents Earning per share expected for Q3

Earnings Valuation Report out for RCAP as of 10/06/15
Thomson Reuters I/B/E/S Estimates
Earnings Valuation Report
continued
RCS CAPITAL CORP(RCAP)
Stock Price
Price as of 10/06 $1.17
Quarterly EPS Consensus Expectations
Q3 '15: $0.17
RCAP's next earnings announcement is expected on November 9th
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TO SUM UP,
RCAP generating about 2 billion dollars revenue annually.
Share price was about 40 dollars last year. The company made lots of acquisition. Acquisition created dilution. This year restructuring started and the company sold its wholesale distribution business recently because the company was losing money. RCAP is focusing on retail division that is more profitable.
For me it is the most undervalued NYSE stock.
I am long..


THIS IS MY DD.. READ, CHECK THE LINKS and MAKE YOUR OWN DD.

GLTA

~Blue~

follow me on BLUE SKY BREAKOUT

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