Fannie Mae meldet kräftigen Gewinnrückgang
der lebt... werd mal öfters vorbeischauen.
Habe in sechs Wochen 2mal! 100% gemacht, liege jetzt allerdings noch 20% hinten, aber das wird, denn wie gesagt, noch nie war es für die Banken einfacher writedowns zu mildern.
Vielleicht wird sich auch Doug Kass ne blutige Bärennase holen, auch wenn er Recht hat, ich würds ihm gönnen...
NEW YORK, Aug 27 (Reuters) - Hedge-fund manager Doug Kass said on Wednesday that he is maintaining his short position on the seriously depressed shares of Fannie Mae (FNM.N: Quote, Profile, Research, Stock Buzz) and Freddie Mac (FRE.N: Quote, Profile, Research, Stock Buzz), saying the housing finance companies still face deteriorating fundamental conditions.
The founder and president of Seabreeze Partners Management shrugged off the recent rally in Fannie and Freddie, asserting that the companies continue to face rising cost of funding in the latter half of the year as well as falling home prices.
"These two companies face not only a margin squeeze because their cost of funds is rising against Treasuries, but a deterioration in their primary earning asset -- which is the left side of their balance sheet, and that is the value of homes," Kass tells Reuters in an interview on Wednesday.
A short position allows an investor to profit if a the price of a share falls. (Reporting by Jennifer Ablan; Editing by Tom Hals).
heute - wie lange wohl noch?
Ich liebe diese Zockerpapiere, die auf die Schnelle solche Sprünge machen!
doch lieber raus und hab mir einen großen Teil mitgenommen.
Wenns wieder runter geht ist ein Einstieg sicher wieder drin.
Hoffe Ihr seid auch noch gut dabei?
Die FF´s sind meiner Ansicht nach die Hauptindikatoren für die Immo-Krise.
Aber, unabhängig dass ich mich über die Erholung freue, wieviel wirklich noch wert?
Wenn es ein guter Start wird, haben wir zum WE 10 USD
dieser Link für RT Kurse (Wenn man die Seite minimiert hat man z.B. unter Firefox immer aktuelle RT Anzeige in der Taskleiste. SeaMonkey muß von Hand aktualisiert werden.)
Interessant finde ich auch die "Discussions".
Allen wie auch immer investierten Good Luck für die Woche...
http://finance.google.com/finance?q=FNM
The rating company lowered Fannie Mae's (FNM.N: Quote, Profile, Research, Stock Buzz) preferred stock rating to "BBB-minus" from "A-plus. It dropped Freddie Mac's (FRE.N: Quote, Profile, Research, Stock Buzz) preferred stock rating to "BBB-minus" from "A."
Drubbings of the preferred and common stocks over the past two months have effectively limited potential issuance of new shares, Fitch said in a statement. The sell-offs raise risks for the companies since sales of stock since November have been key ways for both to raise billions in capital needed to offset losses from the housing slump.
"The lack of reliable access to the public equity markets appears to be more permanent than Fitch had anticipated," the rating company said. "It now appears that Fannie Mae's and Freddie Mac's ability to access equity markets may need to be precipitated or replaced by more tangible forms of government support."
Fannie Mae and Freddie Mac common stock have declined about 80 percent since early May, but have erased some losses since Aug. 20 on emerging expectations a nationalization by the U.S. Treasury is not imminent.
Fitch said the capital at Fannie Mae and Freddie Mac remains adequate for the intermediate term. But neither company may post a profit this year or next, and the government may move to support the companies in a bid to buoy the U.S. mortgage market, it said.
Fitch also affirmed the "AAA" long-term debt ratings and "AA-minus" subordinated debt ratings of Fannie Mae and Freddie Mac. The subordinated debt ratings are based on expectations that the companies will maintain adequate capital.
Rival rating company Standard & Poor's last week lowered preferred stock and subordinated debt ratings of Fannie Mae and Freddie Mac on speculation both types of securities may not draw government support in any bailout.
Moody's Investors Service on Aug. 22 cut ratings on Fannie Mae and Freddie Mac preferred stock. (Reporting by Al Yoon; Editing by Jonathan Oatis)
ANALYSIS-Mortgage firms Fannie, Freddie may avoid US bailout
09.02.08, 3:20 PM ET
United States - By Patrick Rucker
WASHINGTON (Reuters) - Fears a government takeover would wipe out shareholders at U.S. mortgage finance companies Fannie Mae (nyse: FNM - news - people ) and Freddie Mac (nyse: FRE - news - people ) battered the price of their stock last month, but a rescue may yet be avoided.
As foreclosures have mounted, both companies have seen their capital eroded and analysts have fretted they could fail without government aid.
However, a new perspective is taking hold among many observers, who now believe Fannie Mae and Freddie Mac can pull through the crisis under their own power using the billions of dollars they have socked away to cover mounting losses.
While they have suffered a combined $14 billion in losses over the past four quarters, they still have more than $80 billion in capital on hand.
http://www.forbes.com/reuters/feeds/reuters/2008/...DIE-ANALYSIS.html
WKN Name BID ASK Change Change % Time WL
856099 FANNIE MAE 3.30 3.80 tendenz -1.36 -27.62% 17:53 +
Heiße Kiste.
Z.
Werde mich nicht weiter dazu äußern.
Gruß DuD.
Wenn die Unternehmen (Fannie und Freddie) wirklich verstaatlicht werden,
kann es passieren, das die Aktien wertlos werden!! ...
Die Aktien haben im regulären Handel noch deutlich im Plus gelegen und
haben anschließend im nachbörslichen Handel über 20 Prozent verloren! ...
3 mal dürft ihr raten warum? ...
Der Grund, warum die Aktien am Freitag (nachbörslich) abgeschmiert sind:
http://www.ariva.de/...nd_Freddie_Mac_retten_Verstaatlichung_n2736718
Sincerely,
Warren B.
PS: Aber ich denke 1oliverlorenc wird mein Posting wieder als "Kontraindikator"
nehmen! ... :-)