has been approved to do another buyback. That will send the stock into the $12.25 to $12.75 range. Approval of a dividend would send us to the $13,75 to $15.00 range................and the ending of the MOU would send us over the $15 share price. I'm expecting to see the buyback announcement within the next 4-6 weeks, and the other two either in the first or second quarter of the year. Stay Long my fellow shareowners and buy more on dips. We will be reward soon.
Regulators have total control so a MOU can be short or long term. TFSL has had some strong earnings and the balance sheet is excellent, compared to when the MOU began. Regulators let the buyback return and that's a very good sign. A dividend authorization would allow this stock to move into the mid teens. I think we'll see that in the next few months.
Too many BS posts about "other stuff". Let's (shareholders) talk about TFSL. Glad they rec'd permission to do buybacks. Stock should stay in the $11.85-$12.85 trading range for now. Hoping to hear one of two things....(1) a dividend has been requested and approved and (2) the MOU has been terminated. Either event will move this stock to $15. As a side note I'm still owning my IPO shares, but am now buying more on dips, as I expect good news coming sooner than later.