MMA Capital Mgmt Llc fka MMAC

[subslover]

Here is the Q fresh out. http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10153235

[up and up]

you as well my friend

[jwnoble3]

I added a bit more this morning. I like what I've read as well. Going to try and sign-up for IR releases on their website. Looking forward to quarter to quarter moves.

Here's the IR page in case anyone needs it.
http://munimae.investorroom.com/index.php?s=43

Have a good weekend everyone

Best JW

[up and up]

jwn:I really like our odds here buying this many shares back tells me they will do what it takes to make this happen.and also agreed it will not be over night,but more time to accumulate more.

[jwnoble3]

Glad to share. Agree not gonna happen overnight. Im here for the long haul too (hopefully not gummin soup long lol!). Best jw

[SaltyMutt]

TY very much for posting that article. Like you, I'm also here for the long haul. We're certainly not in some "overnight zoomer" so a bit of patience is going to be required. But even though not an "overnight zoomer", by the same token, I don't think we'll be a gummin' soup in a home for old farts before it does takes off. Once MMAB manages to break that two buck level, the pps could easily move to 2.50 with 4.00, 5.00 and 8.00 not too far off.

[jwnoble3]

Salty, up&up

Did you see this SA pro write-up?
http://seekingalpha.com/article/2319265-municipal-mortgage-and-equity-still-trading-at-a-40-percent-discount-to-nav-65-percent-upside-remains

Very conservatively NAV of $3...I think conservatively $3.50-$4. The executives and CEO for MMAB brought them back from the depths of 2008-09. WIth all the cash and NOLs in this micro, I like the chances that they will execute well. Insider purchases of over 900,000 shares (last 6 months). Executives have stated twice over the last year that they are looking to re-list on an exchange. At that point, pps is multiple of earnings ($8-10 pps minimum).

It is no slam dunk and plenty of risks here, but I too am long a bit of MMAB. GLTA

[up and up]

I agree

[SaltyMutt]

I think MMAB will grind it's way through the two buck level soon. Hopefully, we'll see the pps rise a little quicker after that event.

[up and up]

getting a some action to day,nice.

[up and up]

Nice close today

[up and up]

they are buying some shares thats for sure.i like this

[subslover]

Look at this http://www.otcmarkets.com/stock/MMAB/filings
4 insiders bought yesterday @ $1.79

This will become HUGE

[up and up]

and you the same brother,it is nice and refreashing to be on this type of board.some of these boards are way over the top.

[subslover]

That's fantastic dude! Yea I made profits from a different stock last week and although I was undecided if I wanted to average up here on MDMN I thought it over and said to myself "if all these insiders are averaging up then why shouldn't I do the same"! Anyway my order is still in for the week and I really wish you and your group the very very best with your investments here and everywhere!

SUBS

[up and up]

funny you say that my friend,we are transfering funds to purchase more our selfs.

[subslover]

Up and Up,I was pondering all last week to buy more but just made a corporate decision to bid 5k shares @ $1.82. Would love a total fill!

[up and up]

sub:they really like this 1.80 trading range.the acum.dist line looks very nice

[subslover]

Hi up and up,yea I know it they have been buying for well over a year now. I know one of the top dogs retired not long ago but I have been saying all along that IMHO = MMAB is a take over candidate and that only the insiders know when.I was so darn tempted to buy an additional 1k shares today but got preoccupied. I say anything under $2.00 is a fantastic investment!
Have a great night buddy!

[up and up]

sub:these cats are no joke.they are holding a ton of shares and buying more at street price.do you have any clue or wag as to what could be ready to happen?

[up and up]

thank you.not much but that is fine with all the inside buying here ,something is coming up.

[subslover]

Here you go,its not very much at all.

Loss) income from continuing operations before income taxes (11,486 ) 34,919
Income tax benefit

[up and up]

net operating losses.they can be used to offset taxable profits each year.to reduce the tax burden.

[subslover]

Nols? Is that an abbreviation of something?

[up and up]

nice.do you know how many nols they have available?i thought i read awhile back that they had a good sized amount.

[subslover]

Thanks so much! Yes and imho the next Q is gonna take us well into the $2.00's

[up and up]

and one back at you my friend,thank you.been following this one for a long time.

[subslover]

Smart! You very smart and yet it don't take a rocket scientist or Einstein to know whats going on here!
Got you marked!

[up and up]

that is exactly why i have been buying.

[subslover]

Insiders continue to buy http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10074577

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10074579

[up and up]

nice 300k block purchase today @ 1.90

[subslover]

Here is the official PR on Earnings and update on business

http://www.otcmarkets.com/stock/MMAB/news

[subslover]

The Q is out. http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9991804

[SaltyMutt]

I get the feeling that the 50,000 share trade @ 1.85 had a little bit to do with pushing up MMAB to the 1.95 level.

[SaltyMutt]

I was only half way expecting MMAB to hit 1.90 by Friday so today was a very nice surprise. The stock could struggle a bit to get over 2.00 but once that level is breached, 2.25 won't take too much time. Come Christmas we're going to be "sitting pretty".

[subslover]

Ok, here we go. Closed @ $1.95 HOD, New 52 week high! Getting very close to your $2.00 Salty! :)))))

[subslover]

Another 52 week high $1.87 :)

[subslover]

Hi Salty i'm glad to hear from you. Yes couldn't agree with you more in fact we hit yet another 52 week high of $1.86 and level 2 suggests very little stock available between here and $2.00
We have a sweet Company in MMAB.
Regards
SUBS

[SaltyMutt]

It looks like MMAB has taken another small step to getting to the two buck level. I could be wrong but I think that level will be reached and breached in a couple of weeks.

[SaltyMutt]

MMAB is moving about like I thought it would. I'm content.

[subslover]

New 52 week high of $1.85 just before the close. Trading was pretty active all week.

[subslover]

News! Shareholders Meeting. Proxy included.http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9909042

[SaltyMutt]

Very informative post. TY for putting it up.

[subslover]

Hypi,excellent analysis,thanks so much !!!

[Hypi]

Stock is grossly undervalued based on property values alone. Rates will not go up as gov't couldn't service debt with higher rates. Like the SA article says we are a bit like a REIT, so low rates are good.

If they just sold off their properties and all related assets we would be looking at $7-$8 a share. People don't realize they are carrying their properties at very low valuations and only realize the true value through sales of those real estate holdings.

I'd like to see them sell the whole portfolio, so shareholders can realize the true value. IMO its probably in the works as they were very quiet on the conference call and gave me the impression something is in the process.

Today's action in a terrible market validates to me that something is in the works.

[SaltyMutt]

Hi subslover. MMAB is having a good day and the day isn't over yet. If it turns out that Hypi is right and MMAB hits the 3 to 4 buck level in April, I guess I'll just have to humbly bow and declare him a stockalator extraodinaire.

[subslover]

Hi SaltyMutt,so how do you like our new 52 week high today of $1.84?
I like your prediction of five bucks in a few months and just wanted you to know that I will still be long at that price. :) hehehe

Enjoy this ride baby.

[SaltyMutt]

TY very much subslover. I'm very glad to be in a stock that is sitting on solid financial ground and your post backs that up nicely. I think there is a good possibility that we could see MMAB flirting with the five buck range in a few months. A little patience will go a long way with this one.

[subslover]

Hey SaltyMutt welcome to the MMAB thread. I wanna show you this filing from yesterday http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9903365

The Company has been buying back shares for over 1 year now and this 750k block purchases $1.53 puts the icing on the cake. Enjoy the ride its gonna be fun and profitable.

[SaltyMutt]

I think you're right about the $3 to $4 pps but I don't think it will happen in April. However, if it happens that you're right about the "April rise", I assure you that I won't complain.