ocean 2026

CNBC's Insana Says Banks, Homebuilders Are Buys

I follow a few banks. UWBK has a franchise along the front range of Colorado. Early in this cycle Colorado- Denver were one of the top areas in foreclosures, but recently they've become one of the first to show signs of a comeback. People are moving there and as PEW Research recently showed- Denver is the #1 place people want to move. UWBK is profitable and $7.75 will be selling at half its June 30 book value as there will be $2 a share gains from sales of an acquistion's trust company.

FSNM is a tad more risky but has a great franchise in NM. At $1.30 the shares sell as 1/4 of book value. Its shown small losses but if it survives the stock will thrive, Historically New Mexico Banks have sold at well over book.

Take a Risk with Conseco

This company is high-risk - hi reward. Its leveraged to the hilt debt almost equals assets, however its business is improving and there are clear signs of a turnaround. Monitor this one closely, however I am long shares having bought most under $2

Selling Hartford, Buying Canadian National

I first bought Nat Western Life back in 1974 right before I went to law school. Over the years it has often sold for less than half book value, I would buy and in a year or two the shares would realize their potential and I'd sell. A couple of years later I would notice the same pattern. In those days the stock traded in the teens. In April I noticed it at $106 and ..... you guessed it. There is no reason aside from the battered market that this isn't selling at $200. Their investment portfolio has declined but it will come back.

Commodities, Cap and Trade and Natural Gas

UNG is still a good vehicle for Natural Gas- when NG goes up UNG will go up just as easily.

ATP Oil & Gas's Forgotten Infrastructure Value

I am long ATP because of the value of the reserves per share, oil will eventually increase in value and this is necessary for ATP because it costs more to drill in the water.

What about jimmy 46's point about management? I know nothing about them. I do expect the yield to be high once prices stabilize.

Some idiots on here just want to rant about politics- let's talk about stocks here - there are other places for politics- loads of them.

I do study energy stocks and ATP is the best value right now, AAV isn't too far behind.

Nobody Knows What Bank Stocks Are Really Worth

Few people bother to look beyond the major banks but there are several smaller and traded banks with much better rations on their coverage of non-performing loans by their allowance for losses. Many of these sell for less than half book value.

Research UWBK, SVBI, PFBI all bargains. I have interest in all and they have appreciated slightly since I bought them a few weeks ago.

Banking Holds Chaos and Opportunity - Value Investing Congress

Compare ZION to UWBK - it just takes a bit more research.

UWBK is located along the front range of Colorado. It has better loan quality - a much higher coverage of its bad debt by its loan loss allowance and sells at less than half what its book value will be on March 31. For disclosure I had shares in both but took my profits in ZION on May 8th

Insider Transactions at Commercial Banks

Just looked at BOFL one of the heavy insider buying banks. The non-performing asset ratio of over 8% is too high for this bank to succeed. I'll check some more when I have time.

UWBK on the other hand has all its non-performing loans covered yet still sells at less than half of what first qtr book will be.

Anyway check the allowance for loan losses as compared to the actual non-performing loans to get an accurate picture of the bank's health.

Good list though!

Why I'm Shorting Commercial Real Estate

SLG is selling at 1/3 of book value but its mostly New York. Do you actually know its properties and their real current value or are you blindly shorting because you don't care for commercial real estate.

CLP and BDN both have good locations - are you shorting them too?

Why I'm Shorting Commercial Real Estate

SLG is selling at 1/3 of book value but its mostly New York. Do you actually know its properties and their real current value or are you blindly shorting because you don't care for commercial real estate.

CLP and BDN both have good locations - are you shorting them too?

Canadian Energy Bargain Deals

I had bought PCZ before you covered it on McDep.

Once again, at least periodically I wish you'd expand your scope of companies covered- maybe once a year do an analysis of another 20-30 energy companies.

Natural Gas Companies Increasingly Important

In point #4 you equate book value with true value; they aren't always the same. You need to evaluate the assets and liabilities and give us some evidence as to value.

If book value were true value RADON would be a steal selling at 10% of book. On the other hand, Devon Energy's (DVN) book value doesn't take into account the real present value of its reserves. DVN's real value is well over $100. Disclosure - I bought some last week at $45.

Natural Gas Companies Increasingly Important

In point #4 you equate book value with true value; they aren't always the same. You need to evaluate the assets and liabilities and give us some evidence as to value.

If book value were true value RADON would be a steal selling at 10% of book. On the other hand, Devon Energy's (DVN) book value doesn't take into account the real present value of its reserves. DVN's real value is well over $100. Disclosure - I bought some last week at $45.

Natural Gas Companies Increasingly Important

In point #4 you equate book value with true value; they aren't always the same. You need to evaluate the assets and liabilities and give us some evidence as to value.

If book value were true value RADON would be a steal selling at 10% of book. On the other hand, Devon Energy's (DVN) book value doesn't take into account the real present value of its reserves. DVN's real value is well over $100. Disclosure - I bought some last week at $45.

Applied Materials: Can They Make it in Solar?

Poor premise to this article. Ok AMAT went down a bit but a week later its substantially higher.

This essay all points out to current economic problems, and its not just the solar industry that has them. The problem isn't endemic to AMAT "its the economy s----d". AMAT has a fine future.