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Yes, I am aware that the bank went from 3 to 5 million shares to quite a butt load of shares.
Do you now have the car and truck business under control?
I think you would be of MASSIVE value on any board in IHUB.
Analyst Dick Bove: The war is over and the bankers have won
https://www.cnbc.com/2019/04/12/analyst-dick-bove-the-war-is-over-and-the-bankers-have-won.html
From just a quick glance, I think you could be on to something. TY for bringing this one back to my attention.
Should the RIBT pps drop a little lower I will probably put in a bid for some more shares.
SGBG
Signature Bank of Georgia
https://www.signaturebankga.com/
The pps is at .72 as of this post.
Hi Lazarus. Great to see you. FSWA isn't one that I have thought about lately. Once or twice in the past I did consider buying some shares but never could "pull the trigger". I was impressed with with their CEO and I guess that is why I was thinking of buying 5 or 6 years back.
The only bank stock I now hold is CIBH. From 2012 to 2014 I managed to accumulate what some might consider a butt load of shares and I still hold each and every one of them. I'm patiently waiting for the pps to blow past the five buck level.
Hope you have been well.
J.P Morgan is soaring on earnings, and its rivals won’t be able to catch up, says expert
https://www.cnbc.com/2019/04/14/jp-morgans-rivals-wont-be-able-to-catch-up-to-soaring-stock-expert.html
Damn I'm mean!!!!!!! LOL
Boxes can overflow at times....... I always thought that the combining of the Librul and Conservative poop made for an interesting smell.
The Dainty Darling Dove says hi.
Wouldn't you be better off outside and enjoying the weekend instead sitting around and trying to figure out ways to lead people down the "crooked and broad" to Nutburger Nirvana? LOL
Shadow banking is now a $52 trillion industry, posing a big risk to the financial system
https://www.cnbc.com/2019/04/11/shadow-banking-is-now-a-52-trillion-industry-and-posing-risks.html
Well, at least yours is as pure as anyone else's.
You're right, CC's usually don't move a pps up dramatically but we have a secret weapon here on the old RIBT board. We have the Wowcho man for a mod and he is pure of heart. That has to count for something. LOL
Amen Bro. I think a conference call PR just might set RIBT aflame.
I think there's a pretty good chance that we blow past the 4 buck hump over the next week or two.
I usually go out to the Gulf Stream from Charleston and you'll probably begin moving into the Gulf Stream after you have traveled 50 to 60 miles. The water is the most beautiful shade of blue that you could possibly imagine and a night on the Gulf Stream, under a billion stars, is a MASSIVE experience!
Here's some folks enjoying a good day on a "head boat".
Fishing the Gulf Stream Off the South Carolina Coast.
I plan to chant four bucks each time I check on RIBT next week. Do you think that might get it to the next level?
I hope you're having a great time in Florida. I haven't been there in a while but it's one of my favorite places to be, especially Gainesville.
Please forgive me for not responding to your post on the RIBT board. I meant to but it very simply slipped my mind. I guess the grey hair is finally eating away at my last neuron.
It's great to hear that you're doing well with your cars and trucks. Keep it up and I hope you make a ton.
I'm proud to say things are well with me. Next week, I will be on blue water and plan a man to fish duel with Moby Dick. I'm so confident I'll win that I'm looking on line for a big enough grill to handle his overgrown fluke. Be ready to accept an invitation to stop by for fresh fried whale gizzards. Now that is good eatin'.!!! LOL
Hi Fitz. Great to see ya....I'm doing well and hope you are too......I followed the Wowcho man over here and I'm glad that I did. RIBT has about doubled in value for me and I expect that it will move higher over the next few months.
I've missed seeing you and hopefully we will speak more in the days ahead.
Amen!!!!!!!!!!!!!!!!!!
Regional banks find new acquisition targets
Shareholder skepticism, stock-price swings and regulatory scrutiny have all put a chill on regional banks merging with each other. They’ve been less shy about buying non-bank firms.
U.S. banks’ acquisitions of non-bank companies — anything from fintech firms to trading shops — have more than doubled in the last 12 months, according to data compiled by Bloomberg. In just the last month, PNC Financial Services Group Inc. agreed to buy an investment bank, KeyCorp announced a deal for a digital lender and U.S. Bancorp acquired a payments-software company.
Buying financial-technology companies or fee-based businesses like wealth management can help regional banks boost offerings as they seek to compete with giants like JPMorgan Chase & Co. Citizens Financial Group Inc., for example, announced acquisitions last year in both mortgages and wealth management. Chief Executive Officer Bruce Van Saun said he’s looking for more deals this year, potentially including an M&A shop.
“The regional-bank M&A market has been pretty tepid over the last 12 months,” said Sven Mickisch, a partner at law firm Skadden Arps Slate Meagher & Flom who specializes in banking and financial regulation. Negative stock reaction “has impacted the confidence of would-be acquirers to do these types of deals.”
Regulatory scrutiny, capital rules and swinging valuations have proved a challenge for banks seeking to merge or buy each other. Non-bank acquisitions are “nice tuck-ins” that won’t ultimately affect regional banks’ decisions to take part in larger deals when the time is right, Mickisch said.
“This very negative market reaction has perhaps taken over as the principle obstacle to consolidation,” Rodgin Cohen, a Wall Street lawyer at Sullivan & Cromwell, said in an interview.
When Cincinnati, Ohio-based Fifth Third Bancorp agreed in May to buy MB Financial Inc. for $4.7 billion — the biggest announced U.S. bank merger in the past three years — the stock slumped the most in almost two years. Through Wednesday, it was still down 19 percent since the deal was announced.
Easing regulations and the 2017 tax cuts could yet bring about a round of deals by U.S. banks, which number more than 5,000, as they seek scale to compete for clients and technology. Those in the industry said that a round of regional bank mergers is a question of when, not if.
Sharon Dogonniuck, a senior managing director of banking and capital markets at Ernst & Young LLP, said in an interview last month that she “absolutely” expects larger deals in 2019. Calmer markets to start the year and a positive stock reaction to a Chemical Financial Corp. and TCF Financial Corp. merger announced Monday may pave the way for these deals to come to fruition.
https://finance-commerce.com/2019/01/regional-banks-find-new-acquisition-targets/
Hopefully this will move the pps up a bit for you.
On occasion, I have put out a really low bid for some shares of FSWA but never had my bids filled.
I think RIBT is going to have a good month. It probably won't be a "get us into a Rolls" kinda month but should be steady with a least a small rise in the pps.
SNB Records 15 Billion-Franc Loss After Stock Market Rout
https://www.bloomberg.com/news/articles/2019-01-09/snb-records-15-billion-franc-loss-after-stock-market-rout
It appears that TREP might give all good little boy and girl shareholders a nice after Christmas treat this week.
It's great to be here with you Wowcho Man. I think we'll see RIBT blow past the five buck level by the time June rolls around.
Is this where the elites gather to discuss MASSIVE RIBT wealth?
Looks like we're about to slam the lid on the last quarter. Maybe this report will be the one that drives CIBH over the five buck mark. LOL
And a very merry Christmas to you too!
Now that is some classy stuff and is what we have all come to expect from a man who is all cultured up to the nth degree. LOL
Merry Christmas
Have Yourself A Merry Little Christmas - Peppy Puddles Pity Party
Spike Jones and the City Slickers - I'm Gettin Nuttin for Christmas
I read it three or four years ago. It's a MASSIVE piece of work!