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SYNF Strong Buy   17.65% 3 members Buy   64.71% 11 members Hold   17.65% 3 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: 17 members

Annual growth of SYNF: NOTE: areas highlighted in blue indicate that this user is sharing the highlighted information with their private group ONLY
May. 23 2005, 08:49 AM ET Nearest price: 12.05 (05/23/05)	by abukini (profile) (all of abukini's ratings)	rating: Hold	(Previous rating: Buy, on Mar. 11 2004, 2:35 PM ET)
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Feb. 25 2004, 1:39 PM ET Nearest price: 10.48 (02/25/04)	by snlguy (profile) (all of snlguy's ratings)	rating: Buy
I am a holder of SYNF. I hope to hold my position until it is long term. I think now is an excellent time to buy SYNF given the current selling pressure being applied by those in need of cash for New Haven. How can you go wrong buying a NJ thrift that is well run and acting like a commercial bank? Was this user's rating of 'SYNF' helpful to you?
Feb. 16 2004, 3:35 PM ET Nearest price: 10.70 (02/17/04)	by rotis (profile) (all of rotis's ratings)	rating: Buy
I'm a large holder and don't expect to sell for at least a year. In that time I expect mgt to improve earnings as new branch expenses and conversion are behind them. With improved earnings I expect them to start trading at price to book levels closer to their peers. $14+ a share at the end of 2004. One of the few chances to buy a well located, growing thrift with a well-positioned loan portfolio and experienced mgt at such a price to book discount to peers. Was this user's rating of 'SYNF' helpful to you? Currently:   2 said yes (of 2 -- 100.00%)
Feb. 11 2004, 09:04 AM ET Nearest price: 10.66 (02/11/04)	by bankshot (profile) (all of bankshot's ratings)	rating: Buy	(Previous rating: Strong Buy, on Dec. 2 2003, 10:31 AM ET)
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Feb. 10 2004, 9:53 PM ET Nearest price: 10.70 (02/10/04)	by DocInABox (profile) (all of DocInABox's ratings)	rating: Buy
I wasn't in the recent IPO but did pick up some in the aftermarket. IMO, the fundamentals are there. Even with the lofty valuation, at around $10.60 this is still a bargain. A good aftermarket opportunity and a buy in my book. Was this user's rating of 'SYNF' helpful to you?
Feb. 10 2004, 12:40 AM ET Nearest price: 10.70 (02/10/04)	by njainc (profile) (all of njainc's ratings)	rating: Buy
In the interest of full disclosure, I hold a large pos. of SYNF and I have bought more this past week. I have not sold a single share and will wait for "future" events for full benefits. The recent softness in the stock price has created a buying op for us. This bank is growing and has recently announced record earnings. Strong management and a very strong and wealthy market area makes this bank a BUY. Dollar for dollar this is one of the best deals in terms of LT returns based on recent IPO offerings. Was this user's rating of 'SYNF' helpful to you? Currently:   3 said yes (of 3 -- 100.00%)
Feb. 8 2004, 1:37 PM ET Nearest price: 10.65 (02/09/04)	by mt2 (profile) (all of mt2's ratings)	rating: Buy	(Previous rating: Buy, on Jan. 20 2004, 10:26 PM ET)
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Jan. 24 2004, 3:31 PM ET Nearest price: 10.91 (01/26/04)	by BEN (profile) (all of BEN's ratings)	rating: Buy
I don't particularly like how the world has changed for raising new capital for mutuals, but Synergy has now profited from the connected universe of new shareholders grouped by the underwriter Sandler. This is a calculated decision that will add to the growth story unfolding for SYNF. It has now many, many more individual shareholder/i.e future depositor clients. In order to achieve this wide new customer base by use of its own marketing team it would be a very large expense . They have acquired a great business value at almost no expense( they did get me a little upset with the new tactic of money raising introduced to our mutual universe), but this is a good thing for the long term of Synergy Financial Groups equity growth.So even though I am a non-processed new issue player I will start to buy. A growth company in a sector where costs of product is declining at very good rates, gives management a very good profile to produce results. They do have a good track record the last few years( yes a trained monkey could also have done well) but I do give them credit. I have now read must be hundreds of these bank prospectus papers and this one reminds of my days in the late 70's early eighties reading about Intel and Apple and then Microsoft. Grow them rapidly when you see open spaces! It works for a while, then gets to expensive. Was this user's rating of 'SYNF' helpful to you? Currently:   11 said yes (of 12 -- 91.67%)
Jan. 23 2004, 3:16 PM ET Nearest price: 10.90 (01/23/04)	by sbguy (profile) (all of sbguy's ratings)	rating: Buy
i think this is real value for the money at $10.90 (=1.3X TBV), just after 2nd step. would like to rate it a strong buy but need to see that mgt can get better control of op expenses and need to see that the large, fairly recent investment in new branches starts paying off. mgt team seems to be focused and has a solid plan in place. the key now is execution- both in profitable deposit growth and managing the risk inherent in changing makeup of the asset portfolio (auto loans in particular). love the branch footprint. need to execute, execute, execute. Was this user's rating of 'SYNF' helpful to you? Currently:   10 said yes (of 10 -- 100.00%)
Jan. 23 2004, 10:19 AM ET Nearest price: 10.90 (01/23/04)	by DonCorleon (profile) (all of DonCorleon's ratings)	rating: Buy
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Jul. 31 2003, 07:36 AM ET Nearest price: 7.08 (07/31/03)	by elevenwall (profile) (all of elevenwall's ratings)	rating: Hold	(Previous rating: Hold, on Jul. 31 2003, 07:33 AM ET)
7/31/03 Second step announced...worth holding if you own but wouldn't take a new positoin now. --------------------------------------------------------------------------------- 7/8/03 Currently trading at about 85% of fully converted book if you assume if a second step is completed at a price equal to 90% of fully converted book to depositors. Was a credit union converted to mutual bank then converted to a stock MHC. Smart move by management as they will have a bigger payday because of forming the MHC structure (since the second step offering will be at a price/book which is much higher than the original offering). COO worked for a mutual that converted and then sold to Dime. I think he is in this one for the money--2nd step, deploy the capital, then sell to another bank/thrift. They are growing rapidly (probably too fast to be making good loans in this market) and are going to need additional capital within the next year or so if they keep up this growth rate. In today's market it would trade up to 110%-120% of book value on a second step conversion. Therefore, I think it has 30% upside potential in the next year. Was this user's rating of 'SYNF' helpful to you? Currently:   2 said yes (of 5 -- 40.00%)
Jul. 18 2003, 10:34 PM ET Nearest price: 5.45 (07/18/03)	by corvettekid (profile) (all of corvettekid's ratings)	rating: Hold	(Previous rating: Hold, on Nov. 24 2002, 1:01 PM ET)
July 2003 Update: Others with a better handle say their business lines are kicking-butt but it still looks pricey to me. Can drop 3 points in a few days on 5,000 shares. Not exactly the Hudson City of liquidity here! That said, it's a takeover play down the line. Hold your nose, buy here, if it goes lower, buy more. Don't Fight The Fed.....Don't Fight SYNF. ___________________________________________________________ Long-term this stock may well be remutualized, but I have to rate it HOLD right now on a formal basis, and I would lean towards SELL for those with big profits who are more short-term oriented. To rate something highly simply based on remutualization value, without regards to valuation, price runup, asset quality, etc, is a bit reckless. On any major thrift correction or stock market meltdown, SYNF would come down hard. I'd add the stock at that time. Was this user's rating of 'SYNF' helpful to you? Currently:   4 said yes (of 7 -- 57.14%)
Jan. 4 2003, 3:32 PM ET Nearest price: 4.57 (01/06/03)	by kodus (profile) (all of kodus's ratings)	rating: Strong Buy
Cheap, likely to be bought out in the next five years or to go public. Just take a look at snl securities report on NJ thrift back in 1995, very few are around today. Was this user's rating of 'SYNF' helpful to you? Currently:   1 said yes (of 1 -- 100.00%)
Dec. 23 2002, 8:23 PM ET Nearest price: 4.57 (01/06/03)	by Niagra (profile) (all of Niagra's ratings)	rating: Strong Buy
These guys are shrewd. They buy distressed packages of loans, cherry pickem when they can, expect some duds but net on balance they make money on the loans cause they know cars. Great shop. CU's know cars. This one aint gonna be around for too many years. Was this user's rating of 'SYNF' helpful to you?
Dec. 3 2002, 1:35 PM ET Nearest price: 4.57 (01/06/03)	by citizensmith2002 (profile) (all of citizensmith2002's ratings)	rating: Buy
ditto, ditto, ditto...it's another winner Was this user's rating of 'SYNF' helpful to you?
Nov. 21 2002, 2:29 PM ET Nearest price: 4.57 (01/06/03)	by thriftinve (profile) (all of thriftinve's ratings)	rating: Buy	(Previous rating: Buy, on Nov. 21 2002, 2:28 PM ET)
Look at what happened to Ridgewood Savings Bank, Pulaski Savings Bank, West Essex Savings Bank and Liberty Savings Bank. That's right they were /are New Jersey MHCs that were remutualized by a mutual institution at huge premiums to the public/minority shareholders. Kearny acquired West Essex and Pulaski, Liberty is being acquired by Northfield Savings and Ridgewood was hotly contested by Provident and Boiling Springs Savings Banks with Boiling Springs winning out. If history is any indication, the risk/reward ratio is looking good for SYNF. Monitor those car loans though! Was this user's rating of 'SYNF' helpful to you?
Nov. 21 2002, 2:16 PM ET Nearest price: 4.57 (01/06/03)	by doss2 (profile) (all of doss2's ratings)	rating: Strong Buy
Can you say Kearney remut. Was this user's rating of 'SYNF' helpful to you? Currently:   1 said yes (of 3 -- 33.33%)

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