earning in 2018?cycle of housing bubble is over
hot money is moving out from real estate
based on historical eaning @ home capital
over $1/quarter earning if posible (2014-2017) but won't last long
if $0.6/quarter
0.6x4x6=$14.4=share price
you also need to consider PRELIMINARY UNIVERSAL BASE SHELF PROSPECTUS
it chould be $50 millions shares going to be issued (?)
fund managers supposed received the prspectus offer already
possible class A ( preferred shares) for them(?)
and class B (common shares) for you guys(?)
if brenda epril chooses to stay when 2017 auditing report issues
it is good news that mortgage book is solid
otherwise, it will be a disaster.
fear is better than greedy and pride.
historical earning at home capital