tag:blogger.com,1999:blog-8448772781137071684.post2945325238937377999..comments2024-03-26T10:02:02.339-11:00Comments on Timyan® Bank Alert: CBM Bancorp, Baltimore, MD (CBMB)Phil Timyanhttp://www.blogger.com/profile/10406944702623010051noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8448772781137071684.post-68076345063490792642018-12-31T16:10:25.681-11:002018-12-31T16:10:25.681-11:00Hello again iota!
Thank you for reading and comm...Hello again iota! <br /><br />Thank you for reading and commenting. I do think the book value will grow, just maybe not by as much as 5% a year. I used 110% takeout of $15.50 book to get to the $17.00 target. If you are more right than I, and book value grows to $16.50, and CM Bancorp sells at 120%, we'd get $19.80 a share for it. Certainly possible! I've just been being conservative since the whole banking world seems to have repriced lately... <br /><br />Best of luck, PhilPhil Timyanhttps://www.blogger.com/profile/10406944702623010051noreply@blogger.comtag:blogger.com,1999:blog-8448772781137071684.post-28710536225194479012018-12-16T00:52:16.400-11:002018-12-16T00:52:16.400-11:00Hi. Dont you expect also to grow th BV in the comi...Hi. Dont you expect also to grow th BV in the coming 3 years?<br />If they sell at 120% BV , i hope the BV can grow also at ~5% a year?iotahttps://www.blogger.com/profile/04353887412722440077noreply@blogger.com