It is high time the management team earns their millions ! Oil prices may stay LOW for a long time. Saudi Arabia wants US shale oil producers Smashed, and they are doing it right now. WTI below $40 now !
a nice steady increase in deposits and earnings is good to see. The new Nazareth branch is coming soon and should draw a nice deposit base. This branch is in a very good location, and Nazareth and the surrounding area has plenty of money for the branch to be quite successful. The EMYB PE ratio is only 11. This stock is cheap right now. With interest rates on the rise, this bank is a great opportunity, ... buy the stock right now.
LINE will become just a memory, sadly. Oil prices may stay low for much longer than many people think. The Saudi's want U.S. oil shale producers smashed, and are willing the build debt of their own to do this. LINE must be creative and smart to get the debt load off the balance sheet. LINE management has no time to waste. LINE management MUST reduce the bloated LINE debt load NOW !!