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National Western Life Group, Inc. Message Board

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  • bbarberayr bbarberayr Nov 22, 2011 12:19 PM Flag

    Gaap Book Value

    I've got several stocks like this one where the stock is trading at a discount to book value, is consistently profitable, growing book value each year, but doesn't pay a dividend or buy back stock and the market is treating them the same way with a flat stock price.

    Managements are starting to notice this and I've had a several takeouts at around book value this year.

    Don't know that Moody's would be interested in doing this, but if they were, this would be the time. I think most shareholders at this point would be happy with a book value buyout to see the value recognized quickly.

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