Replies to post #746866 on Fannie Mae-No Politics (FNMA)

[familymang]

After the SCOTUS denied the takings petition, 1) Washington Federal is dismissed in its entirety so this case is formally dead, and 2) Kelly had 3 claims, 2 of which are now dead (all the takings allegations against the actual cship thanks to SCOTUS), the only remaining claim is a JPS claim that the government breached JPS implied contract between the shareholders and the government themselves.

[The Man With No Name]

What is this talk of a 6 year statute of limitations? Wasn't it yesterday you said there is no statute of limitations? Both of my replies were conveniently deleted.

SO what is the new legal theory? The NMS payments weren't signed off by the director?

[Rodney5]

Barron said Quote: “I’m wondering if I should set damages based on calculating the change in value of my fraction of 20% of total shares times the warrant price of 0.000001 per share and my fraction of 0.1% of total shares after SPS conversion to commons. Plus court costs of course.”

Damages are a calculation of Value. (Calculated below dated 07/29/2022 without the warrants or SPS conversion).

Quoted share price and value or two very different calculations.

The share price as of today's trading has absolutely nothing to do with the VALUE of Fannie and Freddie. The share price the day before or the day after the net worth sweep has absolutely nothing to do with the VALUE of the companies.

Value is a calculation of Property, Plant and Equipment and most important EARNINGS POWER OF THE BUSINESS.

Quote: “Intrinsic value is an all-important concept that offers the only logical approach to evaluating the relative attractiveness of investments and businesses. Intrinsic value can be defined simply: It is the discounted value of the cash that can be taken out of a business during its remaining life.” – Warren Buffett" End of Quote

The Shareholders have lost both companies to the Treasury. ALL THE CASH THAT CAN BE TAKEN OUT OF THE BUSINESS DURING ITS REMAINING LIFE.

This Lost Value of the Earnings Power of the Business estimate is calculated without the warrants at $227.22 per share, using a multiple of 14 Price to Earnings Ratio. The number 14 can be thought of as a 14-year period of time.

Fannie Mae
07/29/2022
Reports $4.7 Billion for Second Quarter 2022

EARNINGS POWER OF THE BUSINESS
Fannie Mae’s common stock outstanding 1,158,087,567

Fannie Mae’s net earnings $4.7 billion per quarter, a projection of $18.8 billion net per year.

$18.8 billion net / 1,158,087,567 = $16.23 per share of earnings,

PE Ratio of 14 x $16.23 = $227.22 per share intrinsic value.

[FOFreddie]

Hi Barron4664

Thanks again for the reply. I apologize I have not had the opportunity to fully read and think through all of your contributions yet but will make a point of it in the next few weeks.

I wanted to suggest that you may consider reaching out the new Counsel for the Kelly litigation regarding the Charter. They are brand new to the case and will most likely need a fresh cause of action not to get dismissed. The Mike Kelly fact pattern is very compelling and deserves a day in Court.

[Donotunderstand]

are u emailing attorneys in live cases?