Replies to post #695580 on Mr Cooper Group Inc (COOP)

[oniro3363]

Ive thought that for some time...

If its so valuable when sold? WHY would it not be valuable while they own it? and, be reflected in the current PPS.

Must be like the COOP stock buy back...COOP keeps reducing shares but the PPS is hardly effected.

I am not a fan of the COOP BOD CLOWN SHOW....every quarter, they bring up what it "should" be worth....haha.

[JusticeWillWin]

Reread again please. Jay Bray said:

There is nothing that prevents us from being profitable...Our stock is trading about 30% below book value and that gives you exactly zero for XOME. So I personally think if we get to the finish line, and we are not there, and sell XOME, I would suspect that's going to drive our stock significantly!

In addition Jay Bray said in previous calls, when COOP's PPS was even higher, that the value of XOME is not reflected on COOP's balance sheet...

In my opinion they could get $2 billion+ for XOME when they sell it, that's a PLUS of at least $28 for COOP ==> $43 + $28 = $71 not considering other positive factors...

Your post:

"Jay Bray and I believe the PPS will increase significantly when COOP sells XOME"

Shouldn't the value of XOME, currently, be close to what it would sell for?