Replies to post #606380 on Fannie Mae-No Politics (FNMA)

[nats1]

kthomp19 - good morning - the 250/share was the midpoint of the max potential price from a post by mrfence yesterday. This was based on no dilution. I think if you assumed 95% dilution a target of 7 would not be unreasonable.

$FNMA earnings were over $12.50 per share 2019 so with PE ratio between 10 and 30 that's $125.00 to $375.00 per share like Apple only we're bigger and sell Real Estate Loans while Apple sells electronic junk yah throw away. Who really needs them?

Nats

[JosephS]

Let's just call it 1000 for less than the price of a bag of peanuts at the grocer.

Thank God I started blocking the crazies.

Ppl calling for $250 in the middle of the worst market crash I have heard or read about.

Nobody can reasonably calculate a price without a share count. We also need to know how much the footprint will shrink.

Incredible.

Not a recco