News Focus
News Focus
Followers 304
Posts 93694
Boards Moderated 69
Alias Born 02/06/2005

Re: Knowledge is King post# 55304

Monday, 10/29/2018 4:38:35 PM

Monday, October 29, 2018 4:38:35 PM

Post# of 130197
CBBI

It was not great. FV is about $15. The earning show .42. But keep in Mind tax rate was artificially low should be about .39. Furthermore they talk about increased non interest expense with more hiring, but at the same time low non interest income with less SBA sales, etc. They also talked about Nims coming in. I think FV given the somewhat cautious commentary is about 10 times I think $15-16 is fv right now, I was very disappointed with it, now with just 10-15% upside, to hold onto it in this crazy market I rather just have more cash where I can deploy elsewhere. All is just my opinion, and I could always be wrong though.

---All above is just my humble opinion.
And I could always be wrong.
And as always do your own DD.---
http://www.investorshub.com/boards/board.asp?board_id=5316

Where Real Traders Talk Markets

Join thousands of traders sharing insights, catalysts, and charts.

Join Today