Replies to post #732903 on Fannie Mae-No Politics (FNMA)

[trunkmonk]

You are correct, with or without dilution, there are stocks with way higher PE ratios, exceeding 100 and stock is over 100, so what you calculated is completely valid conservative valuation.

[bradford86]

i'm glad to see you're actually trying here.

my feedback would be...

1. not taking into consideration equity offerings to raise new money for capital requirements
2. your earnings multiple is a bit higher than the historic.
3. you assume spspa writedown

all in all, good job though on trying to take a good shot at a valuation :-)

[Golfbum22]

And without warrants?

Lol