prophetking
$UWMC Not a stump speech, FUD and certainly not a recommendation to buy. Just pointing some errors out.
Tony - 165m Sr note interest is 2.5 cents impact to earnings, and 2 cents after tax per quarter. Dumping the dividend is + 10 cents per quarter.
PPL - Ya'll should not hand select the last quarter with the (603) derives loss. I don't expect that to continue with OakTree.
The real piece here is that analysts targets imply more opportunity here than elsewhere - lawsuits, anger, is risk. Posting North of 10 cents and folks forget fast on WS seeing no injury.
The bottom could be tangible at 900 market cap, but I think this quarter could prove the ability to grow tangible - or maybe not as paying off OakTree will be prioritized... but that too grows equity by reduction of liability. I know of no other lender that can do that right now... Oaktree and SFS did place risk on the table - for a reason.
So far, it is not manifesting and bonds are doing that, and that is more so my concern.
1
6
