When its you against the world bet the world..L man is clearing his name but its costly even with a great legal team but long term he pulled off a great comeback time to take a knee maybe??? why face more injury....Get on with the merger.....may show the sec what a waste.if mission accomplished anyway....penalty phase should be soon/.
Holding good news for pop before earnings.,they have to mention the SEC case and their plan...soon if they want the confidence of the street and investors..Being in this limbo hold is not a great mkt plan....Should see good rev...
Thanks buy..my take is that since he tried it they might send a message....
next case up take a deal..penalty will reflect. How good his team is..ban is a bad outcome...news at 11 hope its a reduced fine...
Agree CG yet the SEC is slow but good and the judge ruled not in his favor by a early summary judgement that made this a uphill fight... L man wants to maintain his standing in the community his control,, thus its a gunfight at high noon...Odds against.... but grit wins.... appeal in works im sure regardless... .GOTTA LOVE THE L MAN...... but when its you against the world hedge your bets and bet the world.. Cheers and best of luck for all still in the game..T like your numbers and BUY your rulings info appreciated.
Wow nice evaluation by trillio lots of positives no comparison to 1 year ago with all the far and real property judgements bluegreen is on fire and held assets gaining value in this market cheers longs and old timers
Wall and T I own a ton of bfcf appreciate a tender offer possible price.regardless positive jump for me..just sold some bbx options way above mkt kept some jJune calls
Hears a take..... seller will sell if in cheap if it worth 20 + you know its worth 30 or so .......seen this play before...The play is bfcf long term follow the money and intentions BFCF wants to merge with bbx why... L man has control..etc........ follow the money...Not sure of reasoning but found a heads up penny today thank you St Patrick.........Takes appreciated....
john/ comp//// agree follow the money and tax credits its bfcf. ill take the play either way bfcf is consolidating ..L man wants control...probably will be higher tender offer but lots of players like the 20$ so L man gains more shares and if bluegreen worth more its a win win pay up now or latter hes at book value nice premium St patty TY
Notice both bfcf and bbx on downtrend...so 20$ is a nice value ..gotta love the L man.....T has it at a 30 $ stock ill take any gain.....at cost basis..Hold until relieved...watch the toxix holdings grow along with the bluegreen cash cow...Like the future.in SO Fla
watch what happens when the sale sign goes up...... hidden tax credits /brand name// and making money with strong balance sheet.... price is premium from news here. ..Hold until relieved.
Great point but doable with the MKT plus write off etc.bfcf funnel for the L man....Cheers
Recall that move,l man might with 80% might just lay low appeal the sec mess and control through alter ego and eventually dismiss the ban for life ruling ifits that severe,this is a preemptive strike like a activist insuring the future of BBC to maximize its holdings...I like the move eventually its a quasi merger and a premium for those holding BBC..reality he does not want a activist to get 12% of shares to dictate a sale or breakup..gotta love the l man. Note the 20 day offer makes sure the appeal of the penalty phase does not ruin this move..the judge wiinot be friendly based on his early ruling of false disclosure an the 40 % premium slould get a bunch of shares....cheers
wow great TaX breaks filing simlificationand potential to put the value in one nut shell to investors..plus l manicures control for sale or growth..gotta love the l man and his pipeline of cash to bfcf some tax free nice ty t
With 80% of bbx soon to be under control and dividends flowing to bfcf along with small float it seems that book value should be at least 5\6 dollars..even with financing bad loans etc...how can accounting not recognize the control of quasi assets in other ventures. The value was noted in a seeking alpha article that highlighted the potential value..takes appreciated. Cheers
Thanks #$%$ a updated one and now with tender offer on table the valuation gap should narrow??the if not close number ....r could be a double from here$3\5 for free assets or non toxic assets now valuable. Plus the side show ventures windows candy housing all hot in so fla MKT. Tourist in droves and some wiil relocate...beat season ever and housing inventory down..tulip economey..t whats yourvaluation your a great source and info appreciated.. Cheer's