The top 100 stock
market authors
selected for publication
market authors
selected for publication
Victhom
»
Comments
| 
Comments by Ticker
153 comments
Rating: -9
(42 
-
51 
)
-
51 )
-
The Seeking Alpha 100
See all
Seeking Alpha 100 » -
Fastest Climbers
Authors with the largestSee all
increase in followers
in the last 7 days
Fastest Climbers » -
Top Commenters
Top commenters,See all
as ranked by their peers
Top Commenters » -
Top Instabloggers
The 100 most activeSee all
Instabloggers.
Top Instabloggers » -
Top StockTalkers
TopSee all
StockTalkers.
Top StockTalkers »
Sort by:
Latest | Highest ratedCramer's Lightning Round - Jamie Dimon Is the Next Warren Buffett (5/4/09) [View article]
Read this folks...LOL
BofA to need $34 billion in capital: source
On Tuesday May 5, 2009, 9:54 pm EDT
Bank of America Corporation
WASHINGTON (Reuters) - Bank of America (NYSE:BAC - News) has been deemed to need an additional $34 billion in capital, according to the results of a government stress test, a source familiar with the results said on Tuesday.
Reuters - People walk past a branch of Bank of America in New York's financial district April 28, 2009. REUTERS/Brendan ...
Related Quotes
Symbol Price Change
BAC 10.84 +0.46
A Bank of America spokesman declined comment.
(Reporting by Karey Wutkowski; Editing Bernard Orr)
Cramer's Lightning Round - Jamie Dimon Is the Next Warren Buffett (5/4/09) [View article]
DETROIT (Reuters) - General Motors Corp (NYSE:GM - News) on Tuesday detailed plans to all but wipe out the holdings of remaining shareholders by issuing up to 60 billion new shares in a bid to pay off debt to the U.S. government, bondholders and the United Auto Workers
The unusual plan, which was detailed in a filing with U.S. securities regulators, would only need the approval of the U.S. Treasury to proceed since the U.S. government would be the majority shareholder of a new GM, the company said.
The flood of new stock issuance that could be unleashed has been widely expected by analysts who have long warned that GM's shares could be worthless whether the company restructures out of court or in bankruptcy.
The debt-for-equity exchanges detailed in the filing with the Securities and Exchange Commission would leave GM's stock investors with just 1 percent of the equity in a restructured automaker, ending a long run when the Dow component was seen as a bellwether for the strength of the broader U.S. economy.
GM shares closed on Tuesday at $1.85 on the New York Stock Exchange. The stock would be worth just over 1 cent if the first phase of GM's restructuring moves forward as described.
Once GM has issued new shares to pay off its debt to the U.S. government, bondholders and its major union, it said it would then undertake a 1-for-100 reverse stock split.
Such a move would take the nominal value of the stock back to near where it had been before the flood of new shares. But in the process, GM's existing shareholders would see their stake in the 100-year-old automaker all but wiped out.
Cramer's Lightning Round - General Cable Is Back and Bigger than Ever (5/1/09) [View article]
Funny Jim But BP CEO says dividend is safe only at $60???
keep pumping Jim???
www.thestreet.com/stor...
The U.S. Banking System's Terrifying Balance Sheet [View article]
Withney said "Do not Shart banks at this level" it's pocker...
Go for it...I'll buy more idiot...LOL
A Cool $200 Billion for Bank of America? [View article]
A Cool $200 Billion for Bank of America? [View article]
read both article...same day...by same analyst...
WHERE IS THE SEC????
#1 Garbage.....
Bank of America Needs $36.6 Billion, Oppenheimer Says
By David Mildenberg
April 8 (Bloomberg) -- Bank of America Corp., the largest U.S. bank, needs to raise $36.6 billion in equity to bring capital ratios in line with its peers, according to Oppenheimer & Co.
With investors reluctant to commit new funds to lenders, Bank of America is more likely to raise capital by converting preferred stock to common, or issuing 5.2 billion shares through the Treasury Department’s Capital Assistance Plan, said analyst Chris Kotowski in a report to clients today. Under the Treasury program, Bank of America may issue shares for $6.24 each, the report said.
Bank of America has already accepted two rounds of taxpayer support totaling $163 billion that included preferred stock purchases and asset guarantees. Chief Executive Officer Kenneth Lewis has said the Charlotte, North Carolina-based company will rebound from a fourth-quarter loss without more government assistance.
“It is perhaps unusual to model highly dilutive equity raises into earnings forecasts, but we believe that in the current environment, until credit quality stabilizes and capital requirements are more precisely known, it is the prudent thing to do,” Kotowski wrote.
“We disagree with his assumption,” said Scott Silvestri, a spokesman at Bank of America.
THE THE CORRECTION IN PM......
Bank Earnings Likely to Be Uneven: Analyst
04/08/09 - 12:54 PM EDT
Oppenheimer analyst Chris Kotowski, in an industry note published Wednesday, says he expects further writedowns, charge-offs and loan loss provisioning at the companies. He said the companies should "post something of a recovery" in the first quarter, but results are still likely to be "choppy,"
Kotowski predicts that BofA will need about $7 billion of fresh capital to bring its tangible common equity ratio to 6%, he writes. ????
Ken Lewis Continues to Claim that BofA Will Not Need Additional Capital [View article]
What a moron....??? Both of you LOL
Manipulation of market can be follow by SEC investigation.....Read this crap...like yours..just for fun...
First this one....
Bank of America Needs $36.6 Billion, Oppenheimer Says
By David Mildenberg
April 8 (Bloomberg) -- Bank of America Corp., the largest U.S. bank, needs to raise $36.6 billion in equity to bring capital ratios in line with its peers, according to Oppenheimer & Co.
With investors reluctant to commit new funds to lenders, Bank of America is more likely to raise capital by converting preferred stock to common, or issuing 5.2 billion shares through the Treasury Department’s Capital Assistance Plan, said analyst Chris Kotowski in a report to clients today. Under the Treasury program, Bank of America may issue shares for $6.24 each, the report said.
Bank of America has already accepted two rounds of taxpayer support totaling $163 billion that included preferred stock purchases and asset guarantees. Chief Executive Officer Kenneth Lewis has said the Charlotte, North Carolina-based company will rebound from a fourth-quarter loss without more government assistance.
“It is perhaps unusual to model highly dilutive equity raises into earnings forecasts, but we believe that in the current environment, until credit quality stabilizes and capital requirements are more precisely known, it is the prudent thing to do,” Kotowski wrote.
“We disagree with his assumption,” said Scott Silvestri, a spokesman at Bank of America.
THEN THIS ONE....
Bank Earnings Likely to Be Uneven: Analyst
04/08/09 - 12:54 PM EDT
Oppenheimer analyst Chris Kotowski, in an industry note published Wednesday, says he expects further writedowns, charge-offs and loan loss provisioning at the companies. He said the companies should "post something of a recovery" in the first quarter, but results are still likely to be "choppy,"
Kotowski predicts that BofA will need about $7 billion of fresh capital to bring its tangible common equity ratio to 6%, he writes. ????
NOW WHAT....Mr Chris Kotowski just hired buy Oppenheimer 1 month ago to replace Merredith Withney...just lost it today....Oppenheimer should recall this analyst...and fired him.....
BAC Shareholders call Oppenheimer and send e-mail of protestation.....this is a SCAM!!!!!
Mike Mayo's Seven Deadly Sins of Banking [View article]
Exemple...he said BAC has now a target of $8.00
I agree here why...
BAC Q1 2009 $ 0.03 20-Apr-09
BAC Q4 2008 $ 0.02 16-Jan-09 BMO
BAC Q3 2008 $ 0.62 6-Oct-08 AMC
BAC Q2 2008 $ 0.53 21-Jul-08
Such an improvment???
After 73% gain on Banks since march 05 I guess next is "PROFIT TAKING"...because $0.01 of improvment on BAC earnings is not "impressing" me at all...!!!
WHAT EVER CRAMER SAYS...LOL
Cramer's Mad Money - 10 Stocks to Watch (3/23/09) [View article]
This is your crap...on paper Jim....
Do say "I SCREW UP" sorry Barclays...LOL
Cramer's Mad Money - 10 Stocks to Watch (3/23/09) [View article]
this week Barclays hit $7.30 thanks JIM....LOL
I guess you should verify some facts before assuming this piece of /%$/"/""!!"&??&...
"While many US banks have been hit hard with writedowns, losses, and resulting drops in stock prices, many European banks continue to trade at premium multiples despite facing similar if not more extreme credit risks and losses."
Barclays (BCS) trading at PE of 1.99
P/E (ttm): 1.99
EPS (ttm): 3.32
and dividend coming....read this...
"We have committed to recommencing dividend payments during the second half of 2009. Thereafter, and as previously announced, dividend payments will be made on a quarterly basis. We will set out our dividend policy
at the Annual General Meeting in April.John S. Varley CEO"
WFC:trade at PE of 22.17?? $0.05 dividend
P/E (ttm): 22.17
EPS (ttm): 0.70
JPM:trade at PE of 19.30 dividend $0.05
P/E (ttm): 19.30
EPS (ttm): 1.37
BAC:trade at PE of 13.03 dividend $0..05
P/E (ttm): 13.03
EPS (ttm): 0.55
NOW who trades at higher multiples???
Gewwwezzzz stop lying...LOL
Risks Abound at UBS [View article]
"While many US banks have been hit hard with writedowns, losses, and resulting drops in stock prices, many European banks continue to trade at premium multiples despite facing similar if not more extreme credit risks and losses."
Barclays (BCS) trading at PE of 1.99
P/E (ttm): 1.99
EPS (ttm): 3.32
and dividend coming....read this...
"We have committed to recommencing dividend payments during the second half of 2009. Thereafter, and as previously announced, dividend payments will be made on a quarterly basis. We will set out our dividend policy
at the Annual General Meeting in April.John S. Varley CEO"
WFC:trade at PE of 22.17?? $0.05 dividend
P/E (ttm): 22.17
EPS (ttm): 0.70
JPM:trade at PE of 19.30 dividend $0.05
P/E (ttm): 19.30
EPS (ttm): 1.37
BAC:trade at PE of 13.03 dividend $0..05
P/E (ttm): 13.03
EPS (ttm): 0.55
NOW who trades at higher multiples???
Gewwwezzzz stop lying...LOL
Financial Sector Must Be Reined In [View article]
2. We have committed to recommencing dividend payments during the second half of 2009. Thereafter, and as
previously announced, dividend payments will be made on a quarterly basis. We will set out our dividend policy
at the Annual General Meeting in April.
John.S.Varley CEO
Financial Sector Must Be Reined In [View article]
www.ecayman.com/fin/ba...
Barclays Shops iShares: Who's a Potential Buyer? [View article]
Preview from Europe: The Bears Are Back [View article]
Cayman Islands area code - (345)
Index | Cayman Links | Contact Us | To Advertise
Brought to you by eCayman Ltd
Banks
eMail
now NAME PHONE FAX
Please visit our sponsors:
e Alexandria Bancorp Limited 945-1111 945-1122
e Altajir Bank 949-5628 949-6339
e BNP Private Bank & Trust Cayman Ltd 945-9208 945-9210
e Banca Unione Di Credito (Cayman) Ltd 949-7129 949-2168
e Banco Bradesco S A 945-1200 945-1430
e Banco Do Brasil S A 949-5907 949-8872
e Banco do Estado do Rio Grande do Sul S A Banrisul 949-6604 949-4834
e Banif-Banco International Do Funchal 945-8060 945-8069
e Bank Austria Cayman Islands Ltd 949-3800 949-2030
e Bank Danamon Indonesia 946-0046 946-0047
Bank Espirito Santo International Ltd 949-3128 945-6911
Bank Niaga Grand Cayman Branch 945-2003 945-2004
Bank of America Trust & Banking Corp 949-7888 949-7883
Bank of Bermuda (Cayman) Ltd 949-9898 949-7959
Bank of China 945-2000 945-2200
Bank of Credit & Commerce International (in liquidation) 949-4722 949-8258
e Bank of New York Trust Company 949-7734 945-1295
Bank Vontobel Cayman 945-9200 945-9201
BCN International Bank Ltd 949-9647 949-9651
BCP Bank & Trust Co. Ltd. 949-8322 949-7743
Bessemer Trust Company (Cayman) Ltd 949-6674 945-2722
BHD Cayman International Bank 949-0243 949-2439
e Butterfield Bank (Cayman) Limited (Fort St.) 949-7055 949-7004
e Butterfield Bank (Cayman) Limited (Compass Centre) 815-7557 945-2698
e Butterfield Bank (Cayman) Limited (West Shore) 949-8565 949-8406
CIBC Bank & Trust Company (Cayman) Limited 949-8666 945-2311
e Caledonian Bank & Trust Ltd 949-0050 949-8062
Cayman Islands Development Bank 949-7511 949-6168
e Cayman National Bank Ltd (Main Office) 949-4655 949-7506
e Cayman National Bank Ltd (West Wind) 949-6344 949-4215
e Cayman National Bank Ltd (Buckingham Square) 949-7137 949-5755
e Cayman National Bank Ltd (Centennial Tower) 946-3334 946-3453
Citco Bank & Trust Co Ltd 949-3977 945-3888
e Close Bank Cayman Limited 949-8455 946-9717
Coutts (Cayman) Ltd 945-4777 945-4799
Delta Bank & Trust Co 949-0437 949-9327
Deutsche Bank (Cayman) Ltd 949-8244 949-8178
e Dextra-Bank & Trust Co Ltd 949-7844 949-2795
Dresdner Bank Lateinamerika AG 949-8888 949-8899
Dundee Bank (Dundee Leeds) 946-8688 946-8691
e Fidelity Bank(Cayman) Ltd. 949-7822 949-4079
FirstCaribbean International Bank 949-7300 949-7179
First Cayman Bank (In Liquidation) 949-5266
Fortis Bank (Cayman) Ltd 949-7942 949-8340
Gerfiner Bank 946-2078 946-2079
Givens Hall Bank & Trust Ltd 949-8141 949-8295
Gulf Union Bank Ltd 949-5398
e HSBC Financial Services (Cayman) Limited 949-7755 949-7634
IBJ Whitehall Bank & Trust Co 949-2849 949-5409
Julius Baer Bank & Trust Co Ltd 949-7212 949-0993
e LGT Bank ln Liechtenstein (Cayman) Ltd 949-7676 949-8512
Mercury Bank & Trust Ltd 949-0800 949-0295
Merrill Lynch Bank & Trust Co (Cayman) Ltd 949-8206 949-8895
Midland Bank Trust Corporation (Cayman) Ltd 949-7755 949-7634
Morval Bank & Trust Cayman Ltd 949-9808 949-9794
Multi Banking Corporation (Overseas) Ltd 949-5765 949-3338
e National Building Society of Cayman 945-2014 945-2015
e NCB (Cayman) Limited 949-8002 949-4006
PDG Bank (Cayman) Ltd 946-6101
Piguet Bank & Trust Ltd 946-1378 946-1379
PT Bank Mandiri (Persero) Tbk 945-8891 945-8892
PT Bank Niaga 945-2003 945-2004
e Queensgate Bank & Trust Co Ltd 945-2187 945-2197
Royal Bank of Canada (Shedden Rd) 949-4600 949-7396
Royal Bank of Canada (Queens Court) 949-6836 949-9733
Royal Bank of Canada Trust Co (Cayman) Ltd 949-9107. 949-5777
Schroder Cayman Bank & Trust Co Ltd 949-2849 949-5409
Scotiabank (Cayman Islands) Ltd 949-7666 949-0020
Scotiabank Ltd (Fosters Airport Br) 949-7666 949-0118
Scotiabank Ltd (The Strand) 945-7066 945-7060
Sul America International Bank (Cayman) Ltd 949-0855 949-0866
Trade Link Bank 949-6675 945-5702
e Transocean Bank & Trust Ltd 949-7493 949-7524
Unicorp Bank & Trust Co Ltd 949-6800 949-6801
United Mizrahi Bank 949-9639 949-9639
e Venecredit Bank 7 Trust Ltd 949-6917 949-8017
Wachovia Bank & Trust Company (Cayman) Ltd. 949-0873 945-1295
Wing Hang Bank (Cayman) Ltd 949-6509
Cayman Brac & Little Cayman
Cayman National Bank Ltd (Tibbetts Sq, Cayman Brac 948-1551 948-1261
Cayman National Bank Ltd (Blossom Village, Little Cayman) 948-0051 948-0049