Sat, Apr 19, 2014, 7:08 PM EDT - U.S. Markets closed

Recent

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

Federated National Holding Company Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • fabulouspoodle fabulouspoodle Nov 28, 2012 11:12 AM Flag

    Obviously a buyback would be nice but it would kill liquidity

    I have no doubt that the FNHC board would sell this company given a fair price. Management has done a great job turning this puppy around, and the immediate future looks bright, but if a fair offer came along, I'm sure they's take a strong look at it.

    Sure they rejected the HCI offer back in 2009; but at the time, the offer really wasnt much of a premium, especially with of the proposal in stock for stock. And who knew how well HCII would do? I think its a meaningless comparison. If you liked HCII, you should have bough it, you would have cleaned up.

    Forgetting about any spilt milk of the past, on a going forward basis FNHC looks to be the far better value, at least to me. However, if you think HCI is great deal right now, there's no problem, just buy it. If you think its better than FNHC, sell FNHC and use the proceeds to buy HCII. Those are two options amongst many to help quell your pain.

    Of course another option is to continue to whine another three years.

 
FNHC
19.87+0.25(+1.27%)Apr 17 4:00 PMEDT

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.