Popular Inc. (BPOP)
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- Lehman Brothers Take-over: Implications for Financials [view article]
- Goldman's Hit List - Cramer's Mad Money (6/19/08) [view article]
- Prepare Yourself To Buy Financials [view article]
- These 32 Commercial Banks and Thrifts May See the Dung Hit the Fan [view article]
- Analyst Buy and Sell Ratings for Stocks and Sectors [view article]
- Bank Stocks: Dividend Yield Post Subprime Meltdown [view article]
- Eight Ways to Invest in the Thriving Commonwealth of Puerto Rico [view article]
- Bankrate.com Sued for Deceptive Online Mortgage Ads (RATE, BPOP, IACI) [view article]
loading ...Recent BPOP Articles
- Lehman Brothers Take-over: Implications for Financials
- Analyst Buy and Sell Ratings for Stocks and Sectors
- These 32 Commercial Banks and Thrifts May See the Dung Hit the Fan
- Bank Stocks: Dividend Yield Post Subprime Meltdown
- Prepare Yourself To Buy Financials
- Eight Ways to Invest in the Thriving Commonwealth of Puerto Rico
- Beat Up Small Cap Bank Stocks Provide Trading Opportunities, But Tread Lightly
- Tweedy Browne: Long Ideas for Foreign Exposure and Dividends
- Fisher's Buyout Candidates
- Insider Buying at Popular, Insider Selling at Immucor
- Full List of Articles »
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Lehman Brothers Take-over: Implications for Financials [view article]
Did you read "Finance for Dummies" and think you could just post an article on SA? ReplyLehman Brothers Take-over: Implications for Financials [view article]
"but since these assets will be held to maturity, ACAS will get their money back."Wow. Unless they don't.
Reply
Lehman Brothers Take-over: Implications for Financials [view article]
Just fluff - no analysis, something a 5th grader would provide for a school report. ReplyLehman Brothers Take-over: Implications for Financials [view article]
CDO or any structured finance vehicle i.e. ABS-MBS price, is dictated by supply and demand, right now there is a glut in the market or oversupply of them due to uncertainty of how much toxic waste they contain, once those uncertainties clear up and the housing market recovers no doubt that the 0.22cents of a dollar will be 1.22 cents of a dollar. ReplyLehman Brothers Take-over: Implications for Financials [view article]
When MER sold some of its CBOs at 22 cents per dollar, with 75% financed by MER, one commentator, over CNBC, said that the effective rate is actually 5.5 cents on the dollar -- I share this view. ReplyLehman Brothers Take-over: Implications for Financials [view article]
So, forgetting the boring acronyms for a second, is it safe to short most of the companies you mention? Is that what you're saying? ReplyLehman Brothers Take-over: Implications for Financials [view article]
The so called "peer group" does not provide a meaningful comparison . Lehman has very little in common with monoline insurers, Business Development Companies, and regional banks that don't have significant off balance sheet exposure. Their asset mix (and risk exposure) is considerably different than that of investment banks like Lehman.The comparators should be limited to other investment banks and the large money center banks (such as BAC, RY, DB, TD, UBS.) Reply
Lehman Brothers Take-over: Implications for Financials [view article]
LFI = latest financial information? Agree with majority about difficulty of comparing apples and oranges and notions that no outsider (and very few insiders, if any) really knows the real values of the assets (i.e., book value). ReplyFeader
Lehman Brothers Take-over: Implications for Financials [view article]
The only thing I think the table shows is that the entire US financial system is mis-priced, not just Lehmans, but everything. Good luck. ReplyLehman Brothers Take-over: Implications for Financials [view article]
I don't know what LFI means either.I do know some helpful ratios and statistics like: book value, tangible book value, debt to equity, total debt to equity, return on assets, return on investment, gross margin, net margin, dividend yield, etc. They are all important to understand. All of this data must be taken into account...as well as the valuation of the underlying assets on the balance sheet and the liabilities before making an investment decision.
I am only familiar with ACAS and I do believe Malon Wilkes when he said that FAS157 has resulted in the decrease in asset values and that without a market for these assets they are hard to value but since these assets will be held to maturity, ACAS will get their money back.
I trust he is right. ACAS has a total debt to equity ratio of less than one and is selling for less than tangible book value ( ACAS has no goodwill or intangible assets on the balance sheet ).
Long ACAS, no other positions, no short selling at all ( I think short selling should be made illegal ). Reply
Lehman Brothers Take-over: Implications for Financials [view article]
All this points out is that anyone who puts money into these institutions might as well go to a casino .At least you know your gambling . ReplyLehman Brothers Take-over: Implications for Financials [view article]
I'm with Pokernut, putting a price on LEH is like trying to value a cloudy swamp--who the hell knows what lurks in those murky waters! IMO LEH is giving off the same panicked stench that Bear emitted before it went down. This may be one token lamb Bernanke and Paulson may be willing to allow to fail. ReplyLehman Brothers Take-over: Implications for Financials [view article]
Hey Benjamin,Maybe everyone else knows the difference between Book Value and Tangible Book Value and knows what LFI is, but I got my Harvard Business masters degree too long ago and would appreciate a little help. Thanks.
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Lehman Brothers Take-over: Implications for Financials [view article]
Lehman is insolvent and bankrupt! They are facing $65-70 billion in future writedowns - and have a market cap of $10 billion! This buyout rumor was likely planted by those desperate to unload Lehman stock (using Dick Bove as a conduit). Of course, it will NOT be investigated by the SEC or any other US regulatory agency. When will the crooks go to jail? Hasn't the Street ripped the clueless investor for enough money already?Reply
Lehman Brothers Take-over: Implications for Financials [view article]
On ABK and MBI you are missing the point: adjusted book value is the proper metric.Extrapolating from one troubled investment bank to a variety of other types of financial institutions is an exercise in futility - apples to oranges.
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