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AZ,
Ad always I enjoy the counsel you provide this board.
I know you have written extensively regarding interest accumulation for "Ks" and "Ps", if I understanding this correctly "Qs" are interest baring will provided a " flat rate" of cash and shares. Is that correct?
Windfall
So reading over the dialog over the last 8-10 days, I got the impression that we are done and escrow P's, K's and U's are left holding an empty bag. I see AZ has not posted in 10 days, (although he may have taken a much needed vacation), still it is a bit unnerving. If we are in fact done, why continue to banter? Why not turn to evaluating COOP? If those of us that truely thought we would prevail are wrong so what? The Cusips could not be traded anyway. All we have lost (other than our time) was already lost 12 years ago.
I for one still beleive. I for one trust the DD by so many highly experienced and educated members.
When and how much is not a concern. Either it is coming back or its not.
We are not better than the childish politician. We need to better set a better example of how to find common ground.
Windfall
I have been on this board since the beginning back when it was WAMU. It quickly went above my pay grade in 2012.
I make a living saying and day trading and mostly trade on technicals and noise.
So u don't pretend to understand this MBS market.
I thought we were going to see a REIT payout of $.38-$.51 cents per share retroed back 51 quarters on Friday.
Was this money to deposited in our brokerage accounts or were we going to receive the payout via certified check via FedEx?
I guess I really don't understand what is happening..
If, If if someone could provide a non sarcastic or demeaning response I would be thankful
It's not the money, (although it would be great) I just want to understand
Thanks to all the key contributors no matter what your theroies
Best,
Windfall
It's 6:10 on the West Coast...
I checked my E-Trade accounts this morning... Guess what? No REIT payout.
I really wasn't expecting to see anything.. however, I must admit, I was hopeful.
Windfall
Thanks BBanbob,
That was my thought, however, since is is not a dividend and is payout.. I was thinking it may come seperate from the underling asset. That may trigger a payout check away from the brokerage accounts..
Just throwing thoughts on the board at this point.
Windfall.
So Large,
Is it your opinion that the 382 funds will place in our trading accounts or will we receive them as a certified check via FedEx?
Winfall
Thanks RD,
So in your opinion, Will this be everything that comes back to UQ or, will we see some level of restitution on share price as well?
As always thanks for the solicited opinion.
Windfall
Royal,
this $.43 x 51 does not apply the class 22 is that correct?
Windfall
WHAT!!!!
Dang it... That would have good Intel yesterday.... LOL
I woke up this morning hoping to see Some REIT in my account but nope. Perhaps it's being sent directly to me Via FedEx oncthe form of a cashiers check. :)
JB,
So then why sign the release and get CUSUP markers in the accounts if there was no point? Just in case/ In case what...?
!2 years of static for no reason? hedge funds wasting millions in legal fees? It doesn't make sense.
Winfall
So what I still don't get or understand...
are CUSUP 939ESC968 going to participate in the REIT's plus interest and get shares in the new company?
This is all so confusing..
Windfall
So AZ,
What does all this really mean?
Are the commons (class22) still going to prosper? All this high level dialog is difficult for me to follow.
So are you expecting all the classes to see either stock or cash in their accounts this quarter?
Windfall
Tickle,
The effect of a buyback is to reduce the number of outstanding shares on the market, which increases the ownership stake of the stakeholders. A company might buyback shares because it believes the market has discounted its shares too steeply, to invest in itself, or to improve its financial ratios
https://www.investopedia.com/articles/02/041702.asp
AZ,
I should have directed this to you the first time
So for the ignorant among us, (me)! I just need a bit of clarification;
1) will class 22s,(939ESC968} be part of the REIT?
2) If so, how would we calculate potential payouts?
3) will class 22s,(939ESC968) be part of the new stock distribution?
4) If so, 1 to 1 or some other ratio?
5) I read on this board that we may see some interest revenue, will that really happen and will 22s be included?
6) If the interest revenue is a possibility, at what rate, over what time frame and against what underlying assets?
I know for many this may seem rudimentary but with all the information bantered about on this board I have become very confused. I am a simple day trader only working a simple trading pattern.
I hope I am not the only one confused and that I speak for others who are just as confused. I am also hopeful that someone on this board will not take my ignorance and turn it against me. For over 12 years I have seen attacks on posters who are less sophisticated. I know many want to ask these same questions but not willing to be berated for their lack of understanding.
Thank you to all you sophisticated traded, lawyers, financial annalists and market gurus.
Best regard to you and best of luck to us..
Windfall
So for the ignorant among us, (me)! I just need a bit of clarification;
1) will class 22s,(939ESC968} be part of the REIT?
2) If so, how would we calculate potential payouts?
3) will class 22s,(939ESC968) be part of the new stock distribution?
4) If so, 1 to 1 or some other ratio?
5) I read on this board that we may see some interest revenue, will that really happen and will 22s be included?
6) If the interest revenue is a possibility, at what rate, over what time frame and against what underlying assets?
I know for many this may seem rudimentary but with all the information bantered about on this board I have become very confused. I am a simple day trader only working a simple trading pattern.
I hope I am not the only one confused and that I speak for others who are just as confused. I am also hopeful that someone on this board will not take my ignorance and turn it against me. For over 12 years I have seen attacks on posters who are less sophisticated. I know many want to ask these same questions but not willing to be berated for their lack of understanding.
Thank you to all you sophisticated traded, lawyers, financial annalists and market gurus.
Best regard to you and best of luck to us..
Windfall
Actually,
I thought The trustee is the legal owner of the property in trust, as fiduciary for the beneficiary or beneficiaries who is/are the equitable owner(s) of the trust property. Trustees thus have a fiduciary duty to manage the trust to the benefit of the equitable owners. Is it different for this type of trust?
Windfall
AZ,
This .05375 is an annual rate correct?
Windfall
AZ,
As always I love reading your posts..
With regards to this post and the REITS.. are the commons (UQ;s, 939ESC968
) included in these payments?
Windfall.
So Large...
Do you feel that 22's will get any real return at the end of this?
Windfall
Very good I get it now and understand..
Do anticipate there will be a produced report of the subs asset valuations at some point before Q2 2021? It would seem to me that is were the real ROI will sit.
and as always thanks for the education..
Windfall
Thank you AZ..
So according to this calculation; 1.2B "U" common shares and $4.0B in underlined asset value @ a hurdle rate of 0.05375 for the now estimated 51 qtrs. that equates to around $3.33 return per share. This is the interest revenue only and does not include any safe harbor returns. Is that how you see it?
Windfall
So AZ,
the .05375 accumulated interest rate is calculated on the $4b or a different amount? We would then divide the accumulation by the estimated "U" share count (1,704,964,280).
Am correct or way off?
Windfall
Tradeinman,
I have no expectation I was merely asking a question for clarification.
AZ,
You had give a estimate that stated $.38 (est) x share count x number of Qtrs (51 est), Is this all inclusive or will escrow see any hard value per share as well?
Thanks as always for your wisdom
Windfall
I keep seeing all these different theories regarding how much who will get paid and when we will see the funds, stock, cash or a combination.
There are so many smart people on here with so many different ideas. It seems like a microcosm of what we are going through in this country.
I would like to hear thoughts on the following;
Escrow - P's getting paid this year yes/no?
Escrow - K's getting paid this year yes/no?
Escrow - U' getting paid this year yes/no?
If yes, estimated date, if no, what is the plan for the place holders?
I am just not that smart and this went way over my head in 2012.
Windfall
Gaslighting... I haven't heard that since college. I love it
Oniro,
I am not clear how this relates to my question... But thanks for th input... $22.36 would be awesome
Windfall
So for AZ, RD, the analysts on this board.
I have not seen the 51 quarter and amount conversation come up in awhile.
The last one I saw was for 51 quarters and 0.538 cents per share. Is that still a possibility and are the 939ESC968 CUSIPS included in that speculation?
Windfall.
So for all the analysts on this board and the dividend conversation.
I have not seen the 51 quarter and amount conversation come up in awhile.
The last one I saw was for 51 quarters and 0.538 cents per share. Is that still a possibility and are the 939ESC968 CUSIPS included in that speculation?
Windfall.
New,
I saw somewhere a CUSIP: 939ESC968.. Not sure where I saw it. Are these part of the Escrow settlement?
Windfall
Does anyone really feel we will done with this before the end of the year?
I was very optimistic until the lock down
So,
Are we any closer to being done here.. it seems like we are spending the last eight months saying "any time now". I guess it doesn't really matter; the 51 quarter divididend, the safe harbor asset recovery or share transfer.
It just seems this should be done.
Windfall
So,
Posting for discussion
Does the board feel we see any payout, settlement, conversion or end to this circus this year?
Windfall
LG... Thank you..
I was totally bumming out thinking my markers were for nothing.
LG..
So for the first time I think I know what you are saying.. are you stating that Escrow 22's have no value?
If that is true, I am so sad right now.. my timely release was with all my converted shares were 22's.
HERE IS MY TAKE ON THE LAST 12 PLUS YEARS REGARDLESS IF THE CAMP YOU ARE IN....
I WANT THIS DONE, I WANT THIS OVER AND WANT TO BE PAID!!!
WINDFALL
I agree AZ...
Let's just stop all the Tom foolery and get to the distribution...
Windfall
We must be getting close to pay out time right?
This is taking way longer than I thought it would after the closing of the BK.
Windfall
Thanks Boss!!!