First United Corporation (FUNC)

First United is up 5.24% to 23.71

Strong earnings, however no increase in the Dividend, still trading less than book value.

PE ratio less than 10, dividend yield 3.5%, trading at less than book value, with an Return of Equity of 12%, nice quiet company that should increase in value over time.

I would be anxious in hearing people's opinions of the two companies, Driver Management and Clover Partners who are trying to increase the value of FUNC. Driver, who owns 5% of FUNC is doing it by nominating three directors for the Spring 2020 Annual Meeting. Clover, who owns 22,500 shares has written a letter to FUNC Management, but is short on details on how they plan to increase the share price. Will these two companies be able to significantly move the share price. If so how.

They had some interesting insights about FUNC on (http://the-alphatrader.com/). Definitely made me think twice about the company.

This dividend is great. Companies that start dividends tend to do better than the stock market for the three years following the implementation of the dividend. This should boost this stock and $0.36 annually is sweet on top of it. Excellent!

Benj Gallander

Is anyone using (http://Achieverspot.tech)? I have been following them for around a month and it has been amazing. Way better than FUNC

Driver contacted me looking for support to force FUNC management into looking more closely at strategic alternatives. They know that between us and our subscribers we own a lot of shares. We would like to see a takeover happen as I have written before and it would not surprise me if it is getting closer. Benj Gallander, Contra the Heard Investment Letter www.contratheheard.com

It would not surprise me to see this one hit historical highs. Lots of momentum evidently. Great numbers. Oh for the days when I bought BAC at $6 and change. Benj Gallander, President Contra the Heard Investment Letter 10-Year annualized Return 19.1%

What is the URL in Barron's? I cannot find the article. As a shareholder who bought in at under $8, I not only think that it could occur, but I would certainly support it. Benj Gallander, Contra the Heard Investment Letter

First United is up 5.06% to 19.09

Can someone explain the massive volume today? Why?

Any thoughts on this?

I and I think most of the people that I deal with would support a takeover at north of $28.50. Benj Gallander, Contra the Heard Investment Letter www.contratheheard.com

It would not surprise me to see FUNC hit a historical high. Great numbers. Lots of momentum. Benj Gallander, President Contra the Heard Investment Letter 10-Year Annualized Return 19.1%

Anybody have thoughts on the possibility of FUNC being taken over given the consolidation happening in the banking industry and FUNC's success? Thanks

First United is up 5.57% to 22.95

FUNC is up 8.43% to 22.50