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Union Bankshares Inc UNB

Union Bankshares, Inc. is a one-bank holding company whose sole subsidiary is Union Bank. Its business is that of a community bank in the financial services industry. The Union Bank provides full retail, commercial, municipal banking, and wealth management and trust services. It is providing retail banking services to individuals and commercial banking services to small and medium sized business corporations, limited liability companies, partnerships, and sole proprietorships, and nonprofit organizations, local municipalities and school districts within its market area. Its products and services include commercial loans for business purposes to business owners and investors for plant and equipment, working capital, real estate renovation and other sound business purposes; commercial real estate loans on income producing properties, including commercial construction loans; online mortgage applications; business checking accounts; online consumer deposit account opening, and others.


NDAQ:UNB - Post by User

Post by perthxon Feb 25, 2006 1:58pm
342 Views
Post# 10425305

palladn UNB should NOT = BLE

palladn UNB should NOT = BLEI really wish you would stop saying that for the following reason. It isn't true. UNB is NOT = to BLE in so many ways: 1)UNB has many more projects and properties of far greater potential and value. 2)UNB is NOT having problems (that we know of, not yet anyways) with the local NIMBYs/eviromentalists as BLE has. 3)UNB is NOT yet promoted out the ying yang as BLE has been in Europe. 4)UNB does NOT have a well known mgmt team that has a proven track record of success at other companies. The last one isnt a poke a UNB just another reason BLE is valued higher than it probably should be. That is basically my point, BLE is far OVERVALUED relative to the real value contained therin. So my objection to your UNB=BLE price is that BLE is too far overvalued and for the wrong reasons. UNB may attain higher value on its merits but constantly comparing it to a much hyped and overvalued play does UNB a great disservice. I know you mean well, but it muddies the waters unnecessarily. Someday this year I believe, UNB price should far exeed BLE as we rise and they fall to more realistic values.
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