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Royal Dude

02/06/20 2:21 PM

#611132 RE: justnormal #611131

Mr. Cooper Group Inc. to Discuss Fourth Quarter and Full Year 2019 Financial Results on February 25, 2020

https://seekingalpha.com/pr/17771983-mr-cooper-group-inc-to-discuss-fourth-quarter-and-full-year-2019-financial-results-on

lodas

02/06/20 2:42 PM

#611133 RE: justnormal #611131

justnormal.... I see that PennyMac is trading about 35 dollars per share, with about 78 million shares outstanding, with 50% institutional ownership of the stock. the stock earns about 3.50 per share, and has a P/E of about 9.87......Coop will earn about the same, has 82% tute ownership, and has a PE markedly below PennyMac... clearly, Coop should be in the minimum 25 dollar, or at least the book value range of 18 dollars pre bk closure valuation... with returning assets, I can see coop stock making a run for that 35 dollar area... maybe, thats why the MM are trying to "game away" retail holders with this groundhog day trading.... lets see what the numbers will be for earnings on the Feb. 25 earnings call.. Lodas