Log on |  Join ($$)
BankInvestor.com Home BankInvestor.com HomeBankInvestor.com Home
Community IPO Research Stock Quotes BDCinvestor.com ValueForum.com
search discussion:      

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

SERC
Strong Buy 
 50.00%
1 members
Buy 
 0.00%
0 members
Hold 
 50.00%
1 members
Sell 
 0.00%
0 members
Strong Sell 
 0.00%
0 members
 
Average rating: 2.00 (Strong Buy) 1.00 - 5.00 (Strong Sell) Total: 2 members

Annual growth of SERC:

NOTE: areas highlighted in blue indicate that this user is sharing the highlighted information with their private group ONLY

Apr. 21 2004, 9:12 PM ET
Nearest price: 27.50 (04/21/04)
by thriftinve (profile)
(all of thriftinve's ratings)
rating:
Hold
(Previous rating: Sell,
on Apr. 14 2004, 2:01 PM ET)
I bought SERC about two years ago and recommended it as a "BUY" when BI.com first started ratings in November 2002. With the management games last year in awarding themselves benefits without considering the views of the public shareholders and the current trend of potential higher interest rates and momentum moving away from thrifts, I sold all my SERC holdings this morning at $30.50. While there are plenty of mutuals in Massachusetts that SERC could hook up with for a remutualization, I suspect that management likes things the way things currently are, where they can "have their cake and eat it too".

UPDATE: Given the 10% drop since my SELL Recommendation last week, I am increasing my rating from a SELL to a HOLD.

Was this user's rating of 'SERC' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

 
Jan. 17 2003, 12:29 AM ET
Nearest price: 16.25 (01/17/03)
by elevenwall (profile)
(all of elevenwall's ratings)
rating:
Strong Buy
One of the most inexpensive MHCs remaining. Trades at 65% of tangible book if you assume a 2nd step offering to depositors priced at 85% of book. Located in one of the best market areas in the US. If they complete a second step conversion Banknorth would probably buy them three years following the conversion. Currently trading $16.00-$16.50 has 50% upside.

Was this user's rating of 'SERC' helpful to you? Thumbs Up -- this Stock Rating was helpful Thumbs Down -- this Stock Rating was not helpful

 

 • Click here to add your rating to SERC!
 • More group stock ratings


Nothing in BankInvestor.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by Bankinvestor.com. ©2019 info@bankinvestor.com About Us Contact Us How To Privacy Policy Terms Of Use
 image www.bankinvestor.com is the premier online investment club with a focus on and after-market bank investing opportunities. Site content powered in part by stock ticker and financial content provider, TickerTech.com. Be sure to look at our sister site for stock market message boards, trading tips and research, ValueForum.com.