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  • franciswool franciswool Jul 26, 2010 12:19 PM Flag

    Math on Banner makes it a $5 stock?

    up +- 18% in about 3 weeks. wonder what the new trading volume average will be? why such a low pe in your calculations? anticipated better times would yield what? 15-17? bwdik dyodd

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    • if this is the new trading volume it appears that demand is outstripping the sell orders. i think we get to 2.50 very quickly from here...

    • The go-go days of banking with risk and leverage are over in my opinion, along with your higher P/Es. With more normal demographic growth, a reasonable regional community bank deserves a P/E of about 10x-12x, from my experience. In my personal opinion, I am also not sure that this management has demonstrated that they are in the top tier to justify an above average P/E that would come with superb A/L, strategy, credit, and operational management. In fact, one slip in commercial real estate or A/L management, and some of my profit projections may go out the window. The stock just ran up to $2.35 so I am less bullish now.

 
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