Replies to post #611731 on Fannie Mae-No Politics (FNMA)

[kthomp19]

$0.69-$8.07 for the commons with a weighted average of $4.65. This assumes a $100B common share raise. This post I wrote outlines the math.

Full par for the medium-div prefs if divs get turned back on. Somewhat less for the low-div series, somewhat more for the higher ones.

If the juniors get converted to common as I expect will happen, that could become 120-140% of par due generous conversion terms and the possibility of future appreciation from there.

The target time is about a year from now when the re-IPO happens. That's the best estimate for its timing, though it could happen later, and it's possible (though unlikely) it happens earlier in 2021.

[Lotto65]

3.10 to Yuma by eod Friday. Lol! Go FnF!

[Guido2]

According to Attorney Thompson, government can come to him and settle for $30 billion now, in credits, or go to trial and pay Fannie and Freddie $130 billion.

If government settles, they'll have $24 billion in current equity plus $22 billion in loan loss reserve plus $30 billion returned by the government less $34 billion in preferred shares. This leaves $42 billion for 2 billion common shareholders. Or book value of $21 a share. Patswil on this board has figured out that based on their earnings history, they are worth $176 a share. We have been prognosticating when this will happen and have been wrong every time.

If Judge Sweeney awards $124 billion to the corporations, the The shares immediately shoot above $100 and will just keep moving upwards.

Happy investing and welcome to the board.

[Brooge warrants cancelled]

read this, then decide for yourself

https://assets.empirefinancialresearch.com/static/this-embattled-stock-is-a-potential-nine-bagger-in-waiting-3264.html