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#	AUTHOR DATE SUBJECT
6	member 8/10/15 7:59PM Re: RE: Adj. BV 4
goob, Could you please share your second step assumptions, math, and valuation? I'm just trying to make sure I understand the other side. Also, is there any precendent for remutualization? It seems like that is the required view available tags
4	member 4/08/14 9:06PM RE: Adj. BV 3
MSLM28, We have found the calculations of pro form 2nd step TBV are all over the place depending on P/TBV offering assumptions, ESOP %, exchange ratio and assumed buybacks between now and the 2nd step. We're not actually... login to read the rest view available tags
3	member 4/07/14 11:18PM Adj. BV
Congrats on the MOU call - very timely and well-written. I'm currently trying to bridge between the sell-side's post second step BV of $14.5-$16 per share versus the $23 in TBV posted in the write-up... login to read the rest view available tags
1	member 4/04/14 4:49PM TFSL MOU Lifted
TFSL press release announces lifting of Fed (final) MOU and new 5M share buyback. Note: this relative to 78M public shares and about 210k ADV. This would be about $68M at a 10% premium to today's... login to read the rest view available tags