PMI Group (PMI)

Add a New Bulls Reason Company: PMI Group (PMI) Current price: Headline: (100 character max) Analysis: Cancel 100% agree 7 votes   Cash value exceeds market capitalization Created when NYSE:PMI was $2.00 | Edit | History If you are a bottom feeder, PMI is one of the best stocks out there. It has huge cash reserves, especially after the sale of it's Australian business. The sale of the Australian business to QBE yielded the equivalent of $10 per share or 5 times the market capitalization. In the event that PMI needs to go into run-off, it could easily be worth 5-6 times it's current value. Unfortunately, the worst case scenario is dilution in the form of equity sale. However, with the sale to QBE, there is no need for short-term cash and so no obvious reason to dilute existing shareholders. As long as you have an iron gut and the time to sit on it, PMI is a bargain. (100 character max) Cancel 100% agree 3 votes   Historical Value Top Contributor: David Shantz | Created when NYSE:PMI was $3.17 | Edit | History Historical Value is over 10x its current price - meaning there are a lot of shareholders who are not going to sell at this low price, meaning there is less likelihood of the stock falling, whereas, the value is high so it could more easily rise. (100 character max) Cancel

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.