Banca I.F.I.S Spa BNCIF

Financial Services Banks - Global

Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan portfolio is from government and public administration, whereas two-thirds are from the private sector. The gro

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Banca I.F.I.S Spa > FCC = $1.00++

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Comment by BadVisionon Jun 22, 2017 2:19pm

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Post# 26393757

RE:RE:RE:FCC = $1.00++

Looking in from the outside but the FCC merger increased its value. An LOI with CSK means a POTENTIAL acq which is more than likely. FCC shares spike on merger release creating a better valuation when negotiating with CSK...which then buying the shares of CSK gives better position.

So in the end, CSK is still a great buy and we may see a small bump but don't expect .40c ....MAYBE .25c/share trade off. I hold a lot of confidence in Bruce based on history and the assets/position CSK is in...

hope for the best, expect the worst but seems like a rational buy for short term gain, right now

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