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TFS Financial Corp Message Board

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  • sinejoco sinejoco Sep 3, 2007 5:48 PM Flag

    Good PR in NYT

    could TFSL and other quality thrifts enjoy a refi boom while RE sales continiue to slow?

    TFSL is a prudent lender and has a good work ethic , which i am guessing means also they will pay out very nice dividends to "their people" in clevelend . like he has to pay to all the friends of his father , who own stock . this could be a very nice div payer , as he retaisn control of the compnay and enjoys fat salary , could see CFFN like dividend waive production maybe greater because we begin with only 30% floated , if it can be drivend down to say 23% wow then we can really ramp up the div with harming the balance sheet ala " the waive" maybe this is really a waive play all said and done i am willing to find out i will assume risk of ownership for while to see if it comes if it does not i pbelieve risk is low as we are prudent lenders and the price here is super cheap.....this could be a 15 dollar stock paying our 15cents each quarter in 12 months it is supportable and workable he may want to please the old timers in cleveland.....joco

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