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kmx_swing

12/08/16 8:32 AM

#644 RE: tommiegun53 #643

18 mil shares repurchase would mean 5% increase in book value.
That means another cca 38 cents per share.

plus there is +4,4% y/y increase in insurance in force
plus there is -19,7% y/y decrease in deliquent inventory.

By the other words..management has changed MTG in just 4,5 years from company close to bancruptcy into healthy strong cash cow.

PPS over 10 before Christmas? Possibly yes...