In-excess


Is rNAV a good guide to investing in it? Not sure.
IMO NAV are just valuations of net asset.
Unless you are gonna BUYOUT the company, it counts for nought.

As gark has mentioned, its earnings are highly volatile because the income streams are non repeatable such as financial derivatives.

So whats the compelling reason to invest in this?
Reminds me of TTB's ICap!
At least this NO charge FEES!

This post has been edited by prophetjul: Dec 13 2013, 03:28 PM

Just pointing that out

.

Too much of a conglomerate for me.

Maybe an EPS breakdown of the different divisional earning streams may help

Last qtr before this qtr was a loss.

And lots of BUY back going on.......maybe that's how they are using the cash

btw what's ini mari?

Opps missed that over the page.

I always negative till I become posi........ problem is last qtr is -ve, then suddenly positive.....veli volatile!

If you follow gap theories, there are two gaps waiting to be filled at 92 and 88.........

The US Mkt Bubblle is crackin..................

China?

china is slowing, the biggest fear for m anyway is

the shadow banking which is unregulated loans.

I understand this is HUGE

Think QE. No QE, no market

Yellen gonna Yell

Cant have this. Have another 10b........that's $85b per month.

The reduction is only a talk of the Feds. Benny is not even sure.
No Fed chair will want to be remembered as the one who caused the Greatest Depression.

Problem is real unemployment, is like 18%.

Some say its more like 30%!