sep or dec whats the diference?its more about panic than anything else.going forward rates are only going up so is any financial stock
with good management returns eventualy well return.but if co.gets bellow liquidation price its a bargain aka gift
Let's not forget the fact. About 80 percent owned by institutions. Also let's not forget that people were saying the same thing about AIG. Rates going up any day now that will be really big help for gnw and likes.housing report was big also.gnw is mortgage insurance co.the biggest one it is.it can and will help a lot.
Any selling of unit is about debt reduction first and foremost, with things stable and rate hikes coming rest of the cleanup will be done.,divie,buyback. ..Canadian unit pays .39 per share.in divies
States. Didn't approve rate hike yet will do so,fed will hike rates.that should be enough to send it to 10p/s
Sure it will as long as it makes money everything is hick up. It's projected to make 1+ .average financial trading about 13-15 times.so with huge discount say 9 that makes it about easy 10doll.stock
Yeah there's some noise around, but this is around the bottom all it needs is little spark to soar.after all this dive is about not selling life and annuity which is good. just missed .02cents otherwise. There will be big money jumping in or Co will be split or sold entirely in any event it will be more than .25 of book it sells now
As I've been on this board before saying I will buy below 7 this is way behind my imagination this is a dream it's a gift way oversold and new money coming in. It could possibly go little down just because of the markets but fundamentals are way over sold I'm adding on Monday. Possibly closes over 8 end of year with fed moving rates up.
Ltc rate can and will be adjusted higher as needed ,supposed it's good now.and fed will increase rate in September those will play huge for someone like gnw imo.
I was just thinking about liquidity issue,so if there's a issue wHicham increase chance of going private or some big fund swoop in and provide liquidity
because of after ER stock plunge its more likely to be taken private,sell of the company as whole which i was hoping way before this but now price action is great to do so.althugh rates will rise and help alot still better to merge or go private.otherwise will be really hard turnaround