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Chimera Investment (CIM) announces estimated economic book value per share of $2.95 as of Sept....

Chimera Investment (CIM) announces estimated economic book value per share of $2.95 as of Sept. 30, up from an estimate of $2.87 for June 30. The company has been without an auditor for about a year and has not published its accounts during this time. The company is unable to estimate the timing for filing its 2011 10-K. One man's estimate of what's going on here. Shares +0.7% AH. (PR)
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Comments (2)
  • jthegolfer
    , contributor
    Comments (80) | Send Message
     
    StreetInsider estimates $3.31 Alpha $2.95, both are the same company. What's up with this? I think you need to get your bricks together.
    13 Dec 2012, 07:49 PM Reply Like
  • Non Compos Mentis
    , contributor
    Comments (52) | Send Message
     
    GAAP book value was $3.31 per share, and its economic book value was $2.95 per share, compared to its estimated June 30, 2012, GAAP book value of $3.08 per share and economic book value of $2.87 per share.
    It's all in the 8-K report here: http://bit.ly/Up783H
    13 Dec 2012, 07:54 PM Reply Like
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