Any good value mutual conversions out there?

Investment Analysis Clubs Jim Royal
1

Hi Jim (and all)
I have finally sold all of my FFNW. I am still quite amazed that it took so long to get an approval of the merger for two very small banks. But in any case it ended well and I made a decent return over a very volatile time period, so I liked the diversification investment. So thank you for that!!!

So now I am looking to replace those funds into the mutual universe again. You mentioned a couple (Monroe and FBLA) a few months ago. Any new investments you are looking at? I also have HONE and FFBW as well as my long term holding of TFSL.

If you don’t mind sharing….

A long time fan (and good luck with the new book!!)

Randy

2 Likes
2

FBLA is at 0.7x book and MFBI 0.6x (even with the run up to $15) . Insiders are buying bits and pieces of FBLA. Looking for 1Q results to see what’s going on with share counts.

1 Like
3

A little bit different situation going on here, but still a small bank. BRBS.

Jim

2 Likes