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BBX Capital Corporation Message Board

  • ttullio3 ttullio3 Mar 5, 2013 3:47 PM Flag

    Full Yr Impact of Owning 46% of BXG

    As I reported from the SEC doc, BBX's net earnings increase for 9 mons (ending Sep 30, 2012) would be 89c/share. Assuming BXG would earn 1/3 of the 89c in its last qtr the full yr incremental earnings for BBX would be a whopping $1.19/shr.

    To me, IMHO, the current price of ~$8 looks very, very cheap..

 
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