Xenith Bankshares Inc (XBKS)

[growacet]

Judging by market reaction....

Its seems the market doesn't have a problem with the consolidation either, in fact one could reasonably say the market likes the decision based on the + movement in the PPS.

Bye bye XBKS as a penny stock....start paying a dividend and I bet the PE ratio goes up to at least 20

[growacet]

I'm okay with it....

XBKS at currently levels qualifies as a penny stock in many eyes, despite +EPS. Bringing down the OS # will allow them to do forward splits in the future if they continue performing.....and if they return to paying dividends (legacy HMPR paid divies before the GFC) they'll be fine.

There's no "one size fits all" rule with share consolidations...I think they're doing it for positive reasons.

[DCALongRun]

I think it's a big mistake to do reverse stock split. Makes it seem like management is more interested in stock price instead of profits imho. The pps would go up over time and be sustainable.

[growacet]

Blog post on the share consolidation:

http://www.avoidthebag.com/2016/12/xenith-bankshares-xbks-consolidating.html

[Stanner]

XBKS~good post DC'.solid DD and analysis.like your recommendation.

[DCALongRun]

This stock held by a bunch of mutual funds. Continue to accumulate over the long run. Also has a favorable bullish trend. All the shorter term moving averages are above the longer term moving averages.

Technical analysis

[Stanner]

XBKS~nice volume spike should keep climbing -$4_?_

[1center]

Thank you

[Stanner]

XBKS~The number of shares outstanding of the issuer's Common Stock as of August 7, 2016 was 230,768,774 shares, par value $0.01 per share.

source-10Q-8/9/2016

[1center]

I see OS on etrade and Yahoo @230m. Is this correct?

Etrade
Market Cap 496.2 M
Shares Outstanding 230.8 M

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

Banktracker
As of March 31, 2016

http://banktracker.investigativereportingworkshop.org/banks/virginia/norfolk/bank-of-hampton-roads/

http://banktracker.investigativereportingworkshop.org/banks/virginia/richmond/xenith-bank/

[1center]

$XBKS..Xenith Bancshares....pps @2.11
http://news.cmlviz.com/2016/08/24/summit-financial-group-inc-and-xenith-bankshares-inc-head-to-head-compare.html

[Stanner]

XBKS~bottom is holding imo,could be included in a sector play

[Stanner]

XBKS~I agree_But_we got'volume before price'happening here right now_!$$$!_

[DCALongRun]

Accumulate while you can. This stock is undervalued. As the yield curve improves this company will grow in revenue and earnings. This stock is a hidden gem.

[Stanner]

XBKS~looks like bottom is in

[Snug Harbour]

Don't see any bid whacking... looks to be headed back up

[Stanner]

XBKS~lot of new shares from 4.4 to 1 conversion.Hasn't settled,imo

[Snug Harbour]

Looked like it wanted to move up first day of merger and then the interest disappeared.

[Stanner]

XBKS~Hampton was at_$1.93_forthe figuring_Is_$1.93 the bottom for_XBKS_?_

[Stanner]

XBKS-Zenith got 4.4 shares_of_Hampton_&_cash for the fraction involved in the transaction.Hampton kept Zeniths' ticker though.Share Structure unknown by me,as well as bottom.

I'm guesstimating OTC profile_&_ E*trade snapshot is not correct_&_ bottom for the "new" XBKS ticker is around whatever the bottom was for Hampton-$1.50+ to $1.70+

Bigger Bank but more shares involved

[T695]

2.06 in cash per share?? Am I reading that correctly??

[Stanner]

XBKS~ decent volume still--bottom unknown_?_

[Stanner]

XBKS~Bigger Bank-$3 Billion+

[Stanner]

XBKS~$9 a share+ Zenith(XBKS) merges into 4.4 shares of HMPR but HMPR keeps XBKSs' ticker.

[Penny Roger$]

http://stocks.us.reuters.com/stocks/keyDevelopments.asp?rpc=66&symbol=XBKS.O×tamp=20110729171700

[Penny Roger$]

~ Monday! $XBKS ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $XBKS ~ Earnings expected on Monday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=XBKS&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=XBKS&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=XBKS
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=XBKS#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=XBKS+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=XBKS
Finviz: http://finviz.com/quote.ashx?t=XBKS
~ BusyStock: http://busystock.com/i.php?s=XBKS&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=XBKS >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

[Penny Roger$]

Xenith Bankshares, Inc. (Xenith Bankshares) is a bank holding company of Xenith Bank (the Bank). The Company’s services and products consist primarily of taking deposits from, and making loans to, its target customers within its target markets. It provides a selection of commercial and retail banking products, including commercial and industrial loans and commercial and residential real estate loans and select consumer loans. The Company also offers a range of checking, savings and treasury products, including remote deposit capture, automated clearing house transactions, debit cards, 24-hour ATM access, and Internet banking and bill pay service.

http://www.google.com/finance?q=XBKS