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Owens Financial

PostPosted: Fri Jul 12, 2013 11:19 am
by tankydog
now that owens financial is public are they still going to charge a management fee of 2.75%.this is a ridiculous number in the reit world?

Re: Owens Financial

PostPosted: Mon Jul 15, 2013 7:02 am
by tankydog
tankydog wrote:now that owens financial is public are they still going to charge a management fee of 2.75%.this is a ridiculous number in the reit world?

I read that owens financial(orm) has not been profitable for the last 4 years according to the s-4 files during 2009 -2012.with the additional costs of being publically traded this will lower or reduce earnings.it seems a best the company will be in the black marginally.the stock is trading around 10 but should be trading closer to 5.

Re: Owens Financial

PostPosted: Tue Jul 16, 2013 7:42 am
by tankydog
tankydog wrote:
tankydog wrote:now that owens financial is public are they still going to charge a management fee of 2.75%.this is a ridiculous number in the reit world?

I read that owens financial(orm) has not been profitable for the last 4 years according to the s-4 files during 2009 -2012.with the additional costs of being publically traded this will lower or reduce earnings.it seems a best the company will be in the black marginally.the stock is trading around 10 but should be trading closer to 5.

:roll: more sellers than buyers.looks weak.i guess some shaeholders finally found a way to some of their investment back