ot: NBO -- check out TCAP... I took a position today.
Weird undervaluation happening here (p/b = 0.86, peg = 0.48), strong insider buying, and even Goldman Sachs took an initial position in TCAP in Q3.
8.9% yield to boot, with huge earnings growth since they went public Feb 22 this year (Net income Q1=1M, Q2=2.2, Q3=3.4) Strong balance sheet with a HEALTHY cash position (net cash = 35.8M, no short term debt, long term debt = 35.8M, net assets = +95.2M). Short interest is only 0.10% of the float.
Did I miss something? Why is this so undervalued?
Your trading and investment choices should be the result of your own due diligence.