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If you hold just 3 more months until the next earnings report, book value will be in the 50s and so will the share price.
I think this will trade closer to .10 after uplisting to the OTCQB
Need more people posting on stocktwits
Actually I just edited it, I forgot to subtract out the 396 million paid for the buyback
$39.35 new book value
If my calculations are correct the book value increased from $38.89 to $39.35
BVPS = BV / Shares
Shares: 86,148,567
Buyback: 11,073,245
New Shares: 75,075,322
BVPS: $38.89 (before buyback)
38.89 = BV / 86,148,567
BV = 3,350,317,770
BV = 3,350,317,770 - 396,000,000 = 2,954,317,770
New BVPS = 2,954,317,770 / 75,075,322 = 39.35
Great deal on the stock buyback!
On August 2, 2021, the Company entered into a stock purchase agreement to purchase 11,073,245 shares of its Common Stock and 1,000,000 shares of its Preferred Stock from affiliates of KKR for total consideration of approximately $396 million or $33.25 per share, on an as converted basis. After giving effect to the transaction, KKR no longer held any equity interests in the Company.
$45 Target: Mr. Cooper Group's PT raised by Credit Suisse Group AG to $45.00. outperform rating.
MR. COOPER GROUP INC. : Submission of Matters to a Vote of Security Holders (form 8-K)
05/13/2021 | 05:20pm EDT
Item 5.07 Submission of Matters to a Vote of Security Holders
On May 13, 2021, the Company held its 2021 Annual Meeting of Stockholders (the "Annual Meeting"). Results with respect to proposals submitted at the Annual Meeting were as follows:
Proposal 1: Election of Directors
Stockholders elected nine directors to serve a term expiring at the Company's annual meeting of stockholders to be held in 2022.
NOMINEE VOTES FOR AGAINST ABSTAIN BROKER NON-VOTE
Jay Bray 70,914,344 1,216,933 235,791 9,026,196
Busy Burr 70,561,045 1,657,040 148,983 9,026,196
Robert Gidel 70,742,441 1,463,101 161,526 9,026,196
Roy Guthrie 69,107,315 3,098,787 160,966 9,026,196
Christopher Harrington 71,758,803 461,386 146,879 9,026,196
Michael Malone 70,609,535 1,594,996 162,537 9,026,196
Shveta Mujumdar 71,125,766 1,093,880 147,422 9,026,196
Tagar Olson 68,204,195 4,011,689 151,184 9,026,196
Steven Scheiwe 71,121,790 1,097,433 147,845 9,026,196
Proposal 2: Advisory vote on named executive compensation (Say on Pay)
Stockholders approved an advisory vote on named executive compensation (Say on
Pay)
VOTES FOR AGAINST ABSTAIN BROKER NON-VOTE
51,811,477 20,410,526 145,065 9,026,196
Proposal 3: Ratification of Appointment of Ernst & Young LLP
Stockholders ratified the selection of Ernst & Young LLP as the Company's independent registered public accounting firm for the year ending December 31, 2021.
VOTES FOR AGAINST ABSTAIN
80,764,608 480,364 148,292
Tangible book value = $31.97
Looking at this information below about Price to Tangible Book Value, at the end of 2020 the GM tangible book value was almost identical and the stock was trading over $41
https://www.investopedia.com/terms/p/ptbv.asp
Example of Price to Tangible Book Value
At the end of 2020 tangible book value of General Motors was $44.44 billion (Total Assets of $235.19 billion less $5.23 billion of goodwill and intangible assets less $185.52 billion in liabilities). $1.4 billion shares were outstanding, yielding a tangible book value per share of $31.74.
The closing price per share of GM on the last day of 2020 was $41.64. Therefore, PTBV was $41.64/$31.74, or 1.31. An analyst could study the trend of this ratio or compare it with those of its peer group.
Sometime between 2-3PM EASTERN
HMBL will be LIVE on CNBC tomorrow during market hours between 2-3PM
https://twitter.com/humblceo/status/1381979149699444737/photo/1
You do realize FORW is a holding company. Do you know what a holding company is?
Great news, I feel comfortable holding this one long-term
$COOP Size: 805000 Price: 36.03 Time: 1610 Amount: $29,004,150.00
Nice to see most price targets in the $40's now
HUMBL, Inc. Announces Aurea Group Ventures Investment and Partnership for Exclusive Chile Country Rights
San Diego, CA., March 16, 2021 (GLOBE NEWSWIRE) -- HUMBL, Inc. ("HUMBL") (OTCMARKETS: TSNPD) and Aurea Group Ventures ("Aurea Group"), a Chilean multi-family office, announced today the signing of a Securities Purchase Agreement (the "Purchase Agreement") for the purchase by Aurea Group of HUMBL common stock and the country rights to Chile for a purchase price of up to $7,500,000 (USD). Pursuant to the terms of the Purchase Agreement, Aurea Group, through an affiliate, agreed to purchase 437,500 shares of HUMBL common stock for $1,000,000. The payment for these shares is due on or before March 30, 2021. In addition, Aurea Group also received the right to purchase 1,562,000 additional shares of HUMBL common stock and a 35% equity interest in a Chilean subsidiary HUMBL intends to form to conduct its operations in Chile for $6,500,000. Aurea Group's purchase right expires on December 31, 2021. The Agreement provides that if Aurea Group exercises its right to purchase the subsidiary interest, it will receive 35% of the profits from operations of the HUMBL family of products in Chile, including the HUMBL(R) Mobile Division, HUMBL Hubs(TM) , HUMBL Marketplace(TM) , and HUMBL Financial(TM) . In addition, Aurea Group also received a right of first refusal with respect to regional or country rights sales in Latin America. HUMBL and Aurea Group are already underway on HUMBL Latin America business development discussions in key verticals such as: banking, merchant and financial services, real estate, hospitality, tourism, sports, festivals, entertainment and ticketing services in the region. "At Aurea Group Ventures, our mission is to find, invest, import and work together as a partner with disruptive global companies at the forefront of innovation, and HUMBL perfectly represents this vision. We are strongly confident in how this top-tier HUMBL team and technologies will revolutionize multiple industries in Latin America and the world," said Juan Pablo Morales, CEO and Director of Aurea Group. "We are deeply honored to be represented in Latin America region by such an educated, ethical and visionary set of partners as the team at Aurea Group," said Brian Foote, CEO of HUMBL. "While HUMBL will not be selling the exclusive HUMBL distribution rights to all 195 global countries, we are keenly aware of the rapid scale we can achieve in certain regions, through distribution partners. Their working history with brands like Booking Holdings, Airbnb and Expedia Group gives us great confidence in the road ahead for HUMBL as we enter the Latin American market in the year ahead." The HUMBL and Aurea Group teams will be performing investment meetings in the second quarter of 2021 in the Latin America region to discuss further partnerships and rights sales, pending the continued resolution of COVID-19 travel protocols. The two parties will be celebrating their partnership with the blockchain tokenization of several collectible physical assets and NFT's from the region, that will be tokenized using the HUMBL Token Engine(TM) and secured by HUMBL Origin Assurance(TM) . About Aurea Group Aurea Group's main objective is to provide independent and comprehensive advice for the wealth management of families, foundations, family offices and institutional clients, through dedicated, transparent, and confidential work. Aurea Group has a multidisciplinary team of professionals and analysts who provide tailor-made solutions for each of their clients, focusing on the global search for attractive investment alternatives, both in financial products and in real assets. The company also pursues the development of new businesses through its "Ventures" area. Website: www.en.aureagroup.cl About HUMBL, Inc. HUMBL is a new, Web 3 platform being developed to seamlessly connect consumers and merchants in the digital economy, across its HUMBL Mobile, HUMBL Marketplace and HUMBL Financial divisions. HUMBL Mobile Applications will deliver more seamless global transactions, by integrating multiple currencies, payment methods and financial services into reduced clicks for the customer. HUMBL Marketplace was developed to connect customers and merchants online in online listings and blockchain tokenization in areas like physical assets, real estate, hospitality, ticketing and NFTs. HUMBL Financial has developed new software and algorithms for the digital asset trading markets, which are a new global market for blockchain technologies, and will also offer other credit, lending and financial services. Website: www.HUMBLpay.com Safe Harbor Statement This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by the use of the words "may," "will," "should," "plans, " "expects," "anticipates," "continue," "estimates," "projects," "intends," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, the Company's ability to successfully execute its expanded business strategy, including by entering into definitive agreements with suppliers, commercial partners and customers; general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technical advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, regulatory requirements and the ability to meet them, government agency rules and changes, and various other factors beyond the Company's control. CONTACT: HUMBL, LLC investors@HUMBLpay.com Attachment -- HUMBL, Inc. (END) Dow Jones Newswires
HUMBL, Inc. Announces Aurea Group Ventures Investment and Partnership for Exclusive Chile Country Rights
San Diego, CA., March 16, 2021 (GLOBE NEWSWIRE) -- HUMBL, Inc. ("HUMBL") (OTCMARKETS: TSNPD) and Aurea Group Ventures ("Aurea Group"), a Chilean multi-family office, announced today the signing of a Securities Purchase Agreement (the "Purchase Agreement") for the purchase by Aurea Group of HUMBL common stock and the country rights to Chile for a purchase price of up to $7,500,000 (USD). Pursuant to the terms of the Purchase Agreement, Aurea Group, through an affiliate, agreed to purchase 437,500 shares of HUMBL common stock for $1,000,000. The payment for these shares is due on or before March 30, 2021. In addition, Aurea Group also received the right to purchase 1,562,000 additional shares of HUMBL common stock and a 35% equity interest in a Chilean subsidiary HUMBL intends to form to conduct its operations in Chile for $6,500,000. Aurea Group's purchase right expires on December 31, 2021. The Agreement provides that if Aurea Group exercises its right to purchase the subsidiary interest, it will receive 35% of the profits from operations of the HUMBL family of products in Chile, including the HUMBL(R) Mobile Division, HUMBL Hubs(TM) , HUMBL Marketplace(TM) , and HUMBL Financial(TM) . In addition, Aurea Group also received a right of first refusal with respect to regional or country rights sales in Latin America. HUMBL and Aurea Group are already underway on HUMBL Latin America business development discussions in key verticals such as: banking, merchant and financial services, real estate, hospitality, tourism, sports, festivals, entertainment and ticketing services in the region. "At Aurea Group Ventures, our mission is to find, invest, import and work together as a partner with disruptive global companies at the forefront of innovation, and HUMBL perfectly represents this vision. We are strongly confident in how this top-tier HUMBL team and technologies will revolutionize multiple industries in Latin America and the world," said Juan Pablo Morales, CEO and Director of Aurea Group. "We are deeply honored to be represented in Latin America region by such an educated, ethical and visionary set of partners as the team at Aurea Group," said Brian Foote, CEO of HUMBL. "While HUMBL will not be selling the exclusive HUMBL distribution rights to all 195 global countries, we are keenly aware of the rapid scale we can achieve in certain regions, through distribution partners. Their working history with brands like Booking Holdings, Airbnb and Expedia Group gives us great confidence in the road ahead for HUMBL as we enter the Latin American market in the year ahead." The HUMBL and Aurea Group teams will be performing investment meetings in the second quarter of 2021 in the Latin America region to discuss further partnerships and rights sales, pending the continued resolution of COVID-19 travel protocols. The two parties will be celebrating their partnership with the blockchain tokenization of several collectible physical assets and NFT's from the region, that will be tokenized using the HUMBL Token Engine(TM) and secured by HUMBL Origin Assurance(TM) . About Aurea Group Aurea Group's main objective is to provide independent and comprehensive advice for the wealth management of families, foundations, family offices and institutional clients, through dedicated, transparent, and confidential work. Aurea Group has a multidisciplinary team of professionals and analysts who provide tailor-made solutions for each of their clients, focusing on the global search for attractive investment alternatives, both in financial products and in real assets. The company also pursues the development of new businesses through its "Ventures" area. Website: www.en.aureagroup.cl About HUMBL, Inc. HUMBL is a new, Web 3 platform being developed to seamlessly connect consumers and merchants in the digital economy, across its HUMBL Mobile, HUMBL Marketplace and HUMBL Financial divisions. HUMBL Mobile Applications will deliver more seamless global transactions, by integrating multiple currencies, payment methods and financial services into reduced clicks for the customer. HUMBL Marketplace was developed to connect customers and merchants online in online listings and blockchain tokenization in areas like physical assets, real estate, hospitality, ticketing and NFTs. HUMBL Financial has developed new software and algorithms for the digital asset trading markets, which are a new global market for blockchain technologies, and will also offer other credit, lending and financial services. Website: www.HUMBLpay.com Safe Harbor Statement This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by the use of the words "may," "will," "should," "plans, " "expects," "anticipates," "continue," "estimates," "projects," "intends," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, the Company's ability to successfully execute its expanded business strategy, including by entering into definitive agreements with suppliers, commercial partners and customers; general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technical advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, regulatory requirements and the ability to meet them, government agency rules and changes, and various other factors beyond the Company's control. CONTACT: HUMBL, LLC investors@HUMBLpay.com Attachment -- HUMBL, Inc. (END) Dow Jones Newswires
Looks like a great entry point to buy and wait for news
Sounds good. I had it on my watchlist and jumped in when it kept bouncing off the .08's. The company has been quiet for a while so we should probably expect some news soon, IMO
I took a position last week. Could this be the bottom here? Ready for a bounce?
The sale is for $450M cash and they are also retaining 10% interest which sets the value of the transaction around $500M
MR. COOPER GROUP INC (COOP) - TO SELL TITLE365, TO BLEND LABS, INC. FOR $500 MILLION, CONSISTING OF $450 MILLION IN CASH AND A RETAINED INTEREST OF 9.9%
FORW has always traded .20-.30 lower than TSNP and right now we are only .16 lower so it's not bad at all, just need to wait for this ticker change and app release, best to just buy the dips and wait it out.
TSNPD .71 (pre split)
FORW .55
who knows what this will trade at tomorrow, it probably depends a lot on TSNPD, but big things in the future (HMBL ticker, HMBL app, Reg-A, etc) so who cares what this trades at tomorrow?
The HMBL warrants are valued above the current FORW market cap. Whatever is announced today will only add to that value. FORW is extremely undervalued here.
I hope I never again hear someone tell me the exercise price was anything but .05 (pre-split) just like I said from the very beginning of time. It was simple Math 101 but a few here just couldn't comprehend.
to purchase post-split (effective February 26, 2021) 125,000,000 warrants of HUMBL at an exercise price of $0.20 per share
$PHBI reversal has begun!
COOP PT raised by Wedbush to $43.00
Volume and price going crazy
GO COOP GO!!
Xome news coming? On the call they said something was in the works.
Nice pre-market trade for 33.66
What the heck kind of math is that? LOL
Exactly, George has tweeted more about HUMBL than he has about FORW and even led off the HUMBL investors conference. Investors love him, unless he is calling out their stock for being a scam, LOL. FORW is lagging behind because the dust hasn't even settled yet after the RS, still many people can't trade. Once it stabilizes, FORW will adjust accordingly, and we still have a few days to build some momentum for the FORW investors conference.
Looking for a big week here
Where's everyone that said we would be red today?
What the heck are you talking about? there is no specific gap that FORW needs to trade in. TSNPD is bouncing all over the place, FORW isn't going to bounce with it. Not until the dust settles with TSNPD