tag:blogger.com,1999:blog-8448772781137071684.post6948960441967702706..comments2024-03-26T10:02:02.339-11:00Comments on Timyan® Bank Alert: UPDATE: Peoples Financial Corp, Biloxi, MS (PFBX)Phil Timyanhttp://www.blogger.com/profile/10406944702623010051noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8448772781137071684.post-4853441951014092702019-03-30T10:50:48.737-11:002019-03-30T10:50:48.737-11:00Thanks for the comment!
I think a bank like $FBMS...Thanks for the comment! <br />I think a bank like $FBMS would happily pay $20 per share to buy $PFBX but I think there is almost zero chance of them selling. They absolutely should sell as they don't come anywhere close to earning their keep as a public company. The only folks who benefit in this equation are named Swetman. If Peoples wants to remain independent and keep bleeding the bank dry they should buy out the public shareholders at a reasonable price. <br />Better banks that appreciate shareholders and would sell if the right deal came along include $SVBI $MNSB $PKKW $MFSF $DBCP. Other decent banks that have had buyout interest at much higher prices but are NOT interested in selling now (or maybe never) include $CALB $CWBC $WMCB.<br />Good Luck!<br />PhilPhil Timyanhttps://www.blogger.com/profile/10406944702623010051noreply@blogger.comtag:blogger.com,1999:blog-8448772781137071684.post-74790777806753022722019-03-05T13:02:43.677-11:002019-03-05T13:02:43.677-11:00Hi Phil!
I still hold PFBX what is a good buyout...Hi Phil! <br /><br />I still hold PFBX what is a good buyout target for this bank in your opinion? I'd like to add a few small banks to my porfolio and good recommendations? <br /><br />Thank you<br />AAnonymousnoreply@blogger.com