CSE yields 18%. Just think, after 5.5 years worth of dividends you get your initial investment back and continue owning a stock that pays you 18% a year.
S&P DOWNGRADES OPINION ON
SHARES OF EAST WEST BANCORP
TO SELL FROM HOLD
Recent Price : $7.57
Recommendation:
After widening our loss assumption for EWBC’s commercial loan portfolio, we are lowering our ’08 EPS estimate by $0.45 to $0.47 and ’09’s by $0.68 to $0.98, and we are cutting our 12-month target price by $9 to $6, which is about 6X our ’09 EPS estimate – below California peers.We believe EWBC’s commercial real estate and construction loans, which make up over 65% of the company’s loan portfolio and have above-average exposure to California’s Inland Empire, will see losses accelerate in coming quarters as housing market problems spread to other areas of the local economy.
06/23/2008 14:55:27
What’d you win?
A CaSE of ambrosia and something fancy?
so are you up 75% now?
and its not even close to the March 20th lows.
booyah forget it, you must..
own slogan come up with, you should.
reverse booyah will do.
ha yoob!
thx 4 that pick … u still da man, I don’t care what those haters say
WUTAHH!!!!
I agree, The Fly needs a slogan.
Something like The Fly Wins! The Fly Wins! Holy Cow!!
CSE yields 18%. Just think, after 5.5 years worth of dividends you get your initial investment back and continue owning a stock that pays you 18% a year.
Does it get any sweeter than that? [sarcasm off]
S&P DOWNGRADES OPINION ON
SHARES OF EAST WEST BANCORP
TO SELL FROM HOLD
Recent Price : $7.57
Recommendation:
After widening our loss assumption for EWBC’s commercial loan portfolio, we are lowering our ’08 EPS estimate by $0.45 to $0.47 and ’09’s by $0.68 to $0.98, and we are cutting our 12-month target price by $9 to $6, which is about 6X our ’09 EPS estimate – below California peers.We believe EWBC’s commercial real estate and construction loans, which make up over 65% of the company’s loan portfolio and have above-average exposure to California’s Inland Empire, will see losses accelerate in coming quarters as housing market problems spread to other areas of the local economy.
06/23/2008 14:55:27
OOMPA!!