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Re: mike_usa post# 340958

Monday, 05/30/2016 11:00:02 PM

Monday, May 30, 2016 11:00:02 PM

Post# of 804079
from Bill Ackman presentation slides on May 5, 2014:


Net Income to Common $15 $21 $27
P/E Multiple 14.0 x 15.0 x 16.0 x
Illustrative Future Value $206 $311 $427
Diluted Shares (bn) 9.0 9.0 9.0
Illustrative Future Value of the GSEs per Share $23 $35 $47
Multiple of Current Share Price 6 x 9 x 12 x
Future Value of Treasury Warrants $165 $248 $342