Bullboard - Stock Discussion Forum Union Bankshares Inc UNB

Financial Services

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... see more

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Union Bankshares Inc > Economical Analasys?

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Post by IzY on Dec 16, 2005 4:08pm

Economical Analasys?

Estimated Cap in UNB if production is estimated at 1000tpd at Bald Butte and achived, it would be very interesting thou if news gonna tell us that everything is ok i have to say it´s undervalued at the moment heavily. Regards IzY.

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Comment by palladn on Dec 16, 2005 4:20pm

Profit on just Bald Butte for '06 @ 1000 tpd = 7.5MM u.s. (give or take) Shares FD (4 months after 2nd Tranche PP closing) @ ~45MM (give/take) EPS of .1666/share u.s. EPS multiple* Share Value** Market Cap u.s.$ (45 Mill. FD) 5x .83 u.s. = 37,350,000 7x 1.16 u.s. = 52,200,000 10x 1.66 u.s.= 74,700,000 14x 2.33 u.s.= 104,850,000 *Historical Average EPS is 14x. **In CDN ...more

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Comment by Zorbing on Dec 16, 2005 6:34pm

If they only meet half of your projections the stock will exit 2006 at a $1.00 or more. Also --- It's a good thing it's the holiday season --- when the WEBSITE comes back on, it should light up like a Christmas Tree! Zorbing

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Union Bankshares Inc