How Are Banks Spending Bailout Money? Anyone's Guess [View article]
Just to show you that US Investors can't see value in Banking
BAC just sold a 12% stake in China Construction Bank for 5.6B shares for $3B US and still have 38M shares this mean the value of the reamaining shares of BAC=+/-$26B US Alone....and BAC market value is only $70B US...can you believe this....???
Just that $70-29B(CCB Bank holding value)=BAC is value only at $41B by Wall Street??? vs JPM at over 4100B and WFC at $95B???
Each Preffered H shares of BAC in CCB give $0.11 dividend on top of that...LOL
Four Dividend Stocks to Avoid [View article]
How Are Banks Spending Bailout Money? Anyone's Guess [View article]
BAC just sold a 12% stake in China Construction Bank for 5.6B shares for $3B US and still have 38M shares
this mean the value of the reamaining shares of BAC=+/-$26B US Alone....and BAC market value is only $70B US...can you believe this....???
Just that $70-29B(CCB Bank holding value)=BAC is value only at $41B by Wall Street??? vs JPM at over 4100B and WFC at $95B???
Each Preffered H shares of BAC in CCB give $0.11 dividend on top of that...LOL