Today's announcement regarding CRPB's 3rd securitization demonstrates the continued progress that CRPB is making for the benefit of shareholders. The rates obtained show the continued improvment in spreads that occurred at the time of the second securitization. The 2 prime truanches have a combined interest rate of 1.073% or 50 basis points over the 3 year constant maturity treasury rate. This compares to 1.245% or 55 basis points over the constant 3 year maturity treasury rate in June (2013) and 1.18% or 83 basis points over the constant 3 year maturity treasury rate in November (2012). With the auto loan origination rate running at about $70 million per month and still increasing this is becoming a very profitable business.
A big and hearty CONGRATULATIONS to management for doing an excellent job!
Sentiment: Strong Buy
Is anyone concerned about Select Comfort's revenue shortfall and their revenue guidance and whether or not their revenue problem may be an industry problem and not just a Select Comfort problem?
MRFM weak. Very disappointing quarter highlighted by disappointing conference call coupled with significant downgrading of future earnings estimates by company and all the analysts. Where do we go from here?
Loan growth: impressive. Non interest bearing checking account growth: impressive. Net interest margin: impressive. Earnings: impressive especially in light of the expenses of rolling out the indirect auto business on a national scale. This bank is hitting on all cylinders. Tiger, what do you think?
Still looking for your technical advice...for what it is worth. Since the company recently tested its 200 day moving average, failed the test and since then has been in a downward spiral and has now blasted through its 50 day moving average and is continuing to go lower, I cannot help but ask what your technical charts are telling you now? Or have you given up on cheerleading for VMWare?
Paypal is not the first and certainly will not be the last to switch from high cost VMWare to lower cost solutions. Now that IBM, Microsoft and all those that support OpenStack are targeting the huge margins and huge market share of VMWare, there can be only one direction for VMWare's margins and market share...DOWN! How long can VMW support its 40+ P/E?
You are right I am not a technical trader but I am interested in your views regarding VMW. It seems to me that long term technicals show this stock having lower highs and lower lows. Also, did it not just test its 200 day moving average and then back off rather quickly? Isn't that a bad technical sign?
First Hyper-V and now IBM throws another haymaker:
Can VMW continue to prosper? Or will this 1-2 punch from these tech heavyweights knock them out?
Now that VMW looks like it will hold above 74 I aaume that you think that smart investors should buy this rally. I still think that smart investors sgould sell this rally in VMW. Time will tell