Mon, Jul 14, 2014, 3:49 AM EDT - U.S. Markets open in 5 hrs 41 mins

Recent

% | $
Quotes you view appear here for quick access.

iStar Financial Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • mlbgallery mlbgallery Oct 2, 2011 8:12 AM Flag

    SFI mention - Stocks That Could Be Bought Out By The End Of The Year

    Not to mention those numbers are using depreciated values. Most properties can not be duplicated and are worth far more than book value..

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • The reality is that existing shareholders are "buying in" the company via share repurchases.

      The recent $65MM authorization might plausibly retire 10MM shares.

      There's a rather significant divergence going on between the current share price, the fundamentals underlying the company and the visibility thereof, and the presumably declining share count which would be increasing book value per share. A now cheaper share owns a greater claim on the company than before.

      I'm happy to have my percentage ownership of the company going up while I indulge my proclivity for omphaloskepsis.

      Quad

 

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.