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Farmers National Banc Corp. Message Board

  • smittensday smittensday Feb 2, 2011 4:52 PM Flag

    Tender shares are in account -

    My acc. shows at the close today my offered shares have arrived.

    I see those 880K shares left over and spoken for from the offer are starting to hit the mkt, it is surprizing that with almost 85,000 shares sold and that is a lot for a day in Farmers; the price has increased quite well in my opinion.

    I see a nice EPS number of .24 compared to .07 same time last year, I hope management realizes to pay out a little more in dividend would boost the PPS substantually ( - at least .05 this Q ) then if numbers are good; ( next Q - possible .08cents a share ). That would be nice, and good to go to the Naz with for IPO ?

    I'll hold till after div. / and the rest of the year to see the direction this pennie takes.

    I can invision a PPS of $8.00 in the next 18 months, lets hope I'm right.
    If they do increase the div. as I say and go to the NAZ then it should materialize with the + numbers showing up on the balance sheets. IMHO

    GLTA Here....Smittensday.....smittem via the market... in smittemsworld.....

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    • Thanks for letting us know about the shares!


      • 1 Reply to stockinfodude
      • I try to post as much reliable info. as I can, and YES I do add my personal (wish list ) opinion at times.

        Farmers is a good stock with a long time track record and paid out a fair div. for years, So I can't see any reason to knock them anymore.
        I have questioned some of their actions resently when I thought they moved in the wrong direction before all the recession activity happened; but now as we are coming out of it some I see nothing but positive movement signals.

        Lets hope I'm right for all the investors that placed money on the line.

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