Replies to post #340859 on Fannie Mae-No Politics (FNMA)

[Patswil]

$11Bill Rev/1.16 bill shares X 17 P/E= $161.00

Of course this doesn’t take into consideration any subsequent PENALTIES
$40/share….perhaps after a 4/1 forward split–warrants are invalid= the biggest variable is what the P/E should be
P/E is variable—floating target===could be a lot higher–like 40

Net income/outstanding shares * P/E multiple==PPS
thus 11/1.16*40===PPS of $379.00


PPS should be $379.00 $11bill/1.16X P/E 40==$379.00 [/color]


So treble damages—-=$483/pps…that’s with P/E of 17===could be higher–A LOT===think like TRUMP—not only do we have TBTF
screwing us–now it’s confirmed that accounting Fraud screwed us too–Un-F*****ng believable–Deloite will probably go the way of Price Waterhouse–IMPLOSION. ..the sky is the limit as far as the PPS is concerned

OMFG!!! now Jim Parrot email BOMBSHELLS

Market share is IRRELEVANT relative to PPS value

[mike_usa]

The mortgage market isn't the same before 2008 and after 2008 ?? Isn't it a multi trillion dollar market ??

[mike_usa]

As per Ackman, it's worth $23-$47 pps with warrants. 5x with out warrants. So $115-$235 with no warrants. This pps is higher than before 2008. So not only the market share, the market value also might be much higher. This is just IMHO not a recommendation to buy/sell. Thanks.

[slacker01]

Nobody knows how the PPS will come out. There is no such thing as a tried and true formula to determine what a stock will sell for. They can determine intrinsic/book value but that does not even come close. The price wil be determined in the end by what people see as the value of a share (what they are willing to pay to hold) and nothing else. There are stocks out there that are way way undervalued (like BAC and AAL) and even more out there that are over valued. So constantly posting and arguing back and forth about "this will be this" is just adding to the reading fodder that is clogging this board.

[Stockman1010101]

What you base this comment on:

Simply put, the GSEs may own more of the market, but the market is much less than it was before.

You should look around and see all the construction going on and the number of homes being bought and sold and compare these figures to the ones in 2007. Then make this point stick. Otherwise, you are WRONG!