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Re: nranger post# 654089

Wednesday, 04/07/2021 3:10:34 AM

Wednesday, April 07, 2021 3:10:34 AM

Post# of 730805
COOP's fair value is rather $80 to $100 I would say

Check here:

Top Ranked Value Stocks to Buy for April 6th
https://www.zacks.com/commentary/1353777/top-ranked-value-stocks-to-buy-for-april-6th?art_rec=quote-stock_overview-zacks_news-ID01-txt-1353777

COOP's forward P/E: 5.0
Industry avaerage P/E: 13.10
==>2.62 times higher

They used a COOP PPS of $34.53

So $34.53 * 2.62 = $90.46

They do not only cry, they sold Title365 in a $500 million deal, which will add ~$400 million to their cash balance (which was ~$700 million at the end of Q4 2020, minus the cash needed to buy back shares from KKR and the other buy backs)

See: https://www.businesswire.com/news/home/20210315005425/en/Mr.-Cooper-Group-Announces-Sale-of-Title365-for-500-Million

Simply Wall Street: Coop fair value >$70
Yet we have CEO that does nothing but cry 'we're undervalued'. I'd be sickened if I knew the free shares he's been gifted. Probably $$$ too. I'm glad we have a law firm that will investigate Coop fiduciary responsibility. That's what the notice said. To me that means the account of the money and what should be distributed to us. Where did Wamu's 60 billion dollars go? We need justice.
Jay Bray you're a lousy CEO IMO. COOP is nothing more than the penny stock it really is. The CEO is supposed to promote the stock. It always goes down om down DOW days, now it goes down on good ones too. IMO

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