GREY:CXSNF - Post by User
Post by
alltruthon Apr 16, 2014 10:34am
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Post# 22457910
some facts
some factsjust to calm some nervous investors...CXS is now a pure play on Street.
Street now trades at 9x trailing. lowest among their peers
Street trades at 7.5x analyst consensus for forward earnings
FN has a market cap of $1.5B
Street has a market cap of $160M
In 2005 FN originated $5B in morgages (less than Street)
In 2005 FN has total portfolio of approx $20M (same as Street)
In 2005 FN had a market cap of $600M
With 2014 expected to come in at $22M in earnings and a bank license on the horizon, it's just a matter of time...this latest sell off is just momentum, not reason. Hang in there