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These ratings are posted by site users; this content is not intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by Bankinvestor.com

Average returns on dkepesh's ratings: Rating Avg. Return Annualized Key: - : rated buy, stock went down + : rated sell, stock went up +/- : rated hold + : rated buy, stock went up - : rated sell, stock went down buy +3.31% (over an avg. of 46.00 days) +26.26% hold -33.16% (over an avg. of 7331.67 days) -1.65% sell +53.75% (over an avg. of 3703.00 days) +5.30% -- See performance by time period -- All ratings made during the year 2004 Ratings made during Jan, 2004 Ratings made during Mar, 2004 Ratings made during Apr, 2004

Jump to rating for: ASO   BBT   CARS   FITB   NFI  

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-- ASO --
ASO	Mar. 8 2004, 1:18 PM ET	by dkepesh (view profile)	rating: Sell
ASO performance: Price near date of rating (03/08/2004): 25.99 Recent price (04/24/2024): 59.06 Price change: +33.07 Dividends collected: 3.53 Gain/Loss over 7352 days: +36.60 +140.82% Annualized Gain/Loss: +6.99% trading at 13x earnings, with no more than mid-single digit growth. even with pickup in C&I, this company is trading purely on takeout, and anyone interested in the southeast would want southtrust or suntrust before taking dowd out. a lot more fertile opportunties out there than buying amsouth at almost 3x book value. Was this user's rating of 'ASO' helpful to you?
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-- BBT --
BBT	Jan. 22 2004, 2:49 PM ET	by dkepesh (view profile)	rating: Sell
BBT performance: Price near date of rating (01/22/2004): 36.35 Recent price (12/06/2019): 54.24 Price change: +17.89 Dividends collected: 19.74 Gain/Loss over 7398 days: +37.63 +103.52% Annualized Gain/Loss: +5.11% already trades at 3.25x tangible book... who is it worth 4x book to? certainly not me, and unlikely to an acquirer. trading up here on ONE, FBF deals, but they aren't getting taken out anytime soon. already valued at a 22.5% deposit premium, which is pretty high for these guys... Was this user's rating of 'BBT' helpful to you?
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-- CARS --
CARS	Jan. 22 2004, 2:51 PM ET Rating changed on Mar. 8 2004, 12:30 PM ET	by dkepesh (view profile)	rating: Buy
CARS performance: Price near date of rating (01/22/2004): 33.86 Price near end of rating (03/08/2004): 34.98 Gain/Loss over 46 days: +1.12 +3.31% Annualized Gain/Loss: +26.26% unlike other real estate (multi-family, office, malls) which need to be depreciated, land does not. since the underlying properties are just land with a little shack for the personnel, you're buying land pretty cheaply here... not interested in richness vis-a-vis dividend yield... the assets that you're buying aren't reflected in book value since they are stated at cost... Was this user's rating of 'CARS' helpful to you? Currently:   1 said yes (of 1 -- 100.00%)
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CARS	Mar. 8 2004, 12:30 PM ET	by dkepesh (view profile)	rating: Hold
CARS performance: Price near date of rating (03/08/2004): 34.98 Recent price (04/24/2024): 16.86 Price change: -18.12 Dividends collected: 3.039 Gain/Loss over 7352 days: -15.08 -43.11% Annualized Gain/Loss: -2.14% ok, getting a little expensive now... <> unlike other real estate (multi-family, office, malls) which need to be depreciated, land does not. since the underlying properties are just land with a little shack for the personnel, you're buying land pretty cheaply here... not interested in richness vis-a-vis dividend yield... the assets that you're buying aren't reflected in book value since they are stated at cost... Was this user's rating of 'CARS' helpful to you? Currently:   1 said yes (of 1 -- 100.00%)
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-- FITB --
FITB	Mar. 8 2004, 1:21 PM ET Rating changed on Apr. 4 2004, 2:30 PM ET	by dkepesh (view profile)	rating: Sell
FITB performance: Price near date of rating (03/08/2004): 55.84 Price near end of rating (04/05/2004): 54.13 Price change: -1.71 Dividends collected: 0.32 Gain/Loss over 26 days: -1.39 -2.49% Annualized Gain/Loss: -34.96% trading at 17x earnings, fifth third is an acquirer, not a target. probably buy PNC, if i had to hazard a guess. the high multiple would be difficult for an acquirer to swallow unless they identified meaningful cost cuts, which would be difficult to achieve given fifth third's low expense base/efficiency ratio. the historical growth that this company achieved was terrific - growth prospects going forward don't compare... Was this user's rating of 'FITB' helpful to you?
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FITB	Apr. 4 2004, 2:30 PM ET	by dkepesh (view profile)	rating: Hold
FITB performance: Price near date of rating (04/05/2004): 54.13 Recent price (04/24/2024): 37.23 Price change: -16.90 Dividends collected: 16.7 Gain/Loss over 7326 days: -0.20 -0.37% Annualized Gain/Loss: -0.02% don't see less attractive risk/reward of being short here, so might be wise to take some of the position off the table here. <> trading at 17x earnings, fifth third is an acquirer, not a target. probably buy PNC, if i had to hazard a guess. the high multiple would be difficult for an acquirer to swallow unless they identified meaningful cost cuts, which would be difficult to achieve given fifth third's low expense base/efficiency ratio. the historical growth that this company achieved was terrific - growth prospects going forward don't compare... Was this user's rating of 'FITB' helpful to you?
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-- NFI --
NFI	Mar. 7 2004, 1:54 PM ET Rating changed on Apr. 13 2004, 07:57 AM ET	by dkepesh (view profile)	rating: Sell
NFI performance: Price near date of rating (03/08/2004): 229.00 Price near end of rating (04/13/2004): 167.56 Gain/Loss over 36 days: -61.44 -26.83% Annualized Gain/Loss: -272.03% perhaps there should be some talk of the accounting at NFI. in particular, their use of non-cash accretion of principal held at a discount to face, from which they need to borrow to pay the dividend. scott hartman is very smart, no doubt, and his done a masterful job, but when the payout ratio in terms of real cash in the door diverges so significantly from the company's dividend distribution, its time to take your gains and move on. o/w, its just a matter of timing before the house of cards disintegrates. Was this user's rating of 'NFI' helpful to you? Currently:   2 said yes (of 4 -- 50.00%)
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NFI	Apr. 13 2004, 07:57 AM ET	by dkepesh (view profile)	rating: Hold
NFI performance: Price near date of rating (04/13/2004): 167.56 Recent price (01/16/2008): 1.94 Price change: -165.62 Dividends collected: 71.8 Gain/Loss over 7317 days: -93.82 -55.99% Annualized Gain/Loss: -2.79% ok, enough is enough. <> perhaps there should be some talk of the accounting at NFI. in particular, their use of non-cash accretion of principal held at a discount to face, from which they need to borrow to pay the dividend. scott hartman is very smart, no doubt, and his done a masterful job, but when the payout ratio in terms of real cash in the door diverges so significantly from the company's dividend distribution, its time to take your gains and move on. o/w, its just a matter of timing before the house of cards disintegrates. Was this user's rating of 'NFI' helpful to you? Currently:   2 said yes (of 4 -- 50.00%)
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