$UWMC wait til the Reddit crew finds this one. I am here with a
larger warrants position now. I increase my buys as price retreats,
always starting small. If they are shorting the stock, they get to
pay a 5% dividend while they get squeezed. Here is the dd, see the
recent analyst target:
$UWMC crazy value here, analyst finally came out yesterday with
a $12 price target. Dividend yield near 5% at these prices. I have
warrants. One of the largest wholesale mortgage companies. As
always, I have the fundamentals to back it up:
UWM Holdings snags Buy rating from
Deutsche Bank on loan production, margins
Deutsche Bank analyst Ashish Sabadra initiates coverage of UWM
Holdings (
UWMC) with a
Buy rating and price target of $12.
"Robust loan production, along with industry-leading gain
margins, delivers solid profitability, and solid cash generation
and shareholder-friendly capital allocation make it an attractive
value proposition," Sabadra writes in a note.
Says UWMC's proprietary technology and focus on service empower
mortgage brokers and are catalysts to accelerate its shift to
wholesale mortgage origination.
Sees that shift, combined with share gains and increasing
services revenue, sustaining an accelerated growth profile.
Also, check this out from the last earnings report, look at the
earnings growth!:
UWM Holdings (NYSE:
UWMC) stock
jumps 2.6% in after-hours trading after the newly public company
declares its first quarterly dividend and
issues guidance for closed loan volume
growth of 23%-34% Y/Y in Q1 2021.
Expects Q1 closed loan volume of $52B-$57B vs. $42.4B in Q1
2020.
Sees total gain margin of 200-235 basis points vs. 95 bps in
the year-ago quarter.
Initiates quarterly dividend of 10 cents per share.
Posts record originations of $54.7B in loan volume in Q4,
rising 71% Y/Y.
Q4 total gain margin of 3.05% increased from 1.10% in the
year-ago quarter.
Q4 comparable net income of $1.00B jumped from $108.7M in Q4
2019.
Was overvalued when they went to market, but now there is
opportunity. Wasn't a fan in double digits, but I love it in the
$8s for a position. I do all my dd well in advance, spend a lot of
time on it. Then I have a list at what I want to own if it gets to
reasonable prices or on unreasonable panics.
I'm up 37% so far on my position, happy to trail it all up now.
Love buying things when nobody believes that have supporting
fundamentals. That RSI was in the low 20s. Hilarious risk/reward
opportunity.
It recently made a divergent low at $7.37 before bouncing over
$8. So the risk/reward is very good here for me in building a
position given the fundamentals
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UWMC
Posted by fundamentalvalues on 25th of Feb 2021 at 07:36 am
$UWMC wait til the Reddit crew finds this one. I am here with a larger warrants position now. I increase my buys as price retreats, always starting small. If they are shorting the stock, they get to pay a 5% dividend while they get squeezed. Here is the dd, see the recent analyst target:
$UWMC crazy value here, analyst finally came out yesterday with a $12 price target. Dividend yield near 5% at these prices. I have warrants. One of the largest wholesale mortgage companies. As always, I have the fundamentals to back it up:
UWM Holdings snags Buy rating from Deutsche Bank on loan production, margins
Feb. 16, 2021 1:23 PM ET UWM Holdings Corporation (UWMC) By: Liz Kiesche, SA News Editor 3 Comments
Also, check this out from the last earnings report, look at the earnings growth!:
Getting found as I suspected
Posted by fundamentalvalues on 2nd of Mar 2021 at 10:16 am
Getting found as I suspected it would after the capitulation and disbelief set in the $7s bottom. Hit a high of $8.64 so far, just getting going.
Any idea why it's been
Posted by racerick on 25th of Feb 2021 at 08:42 am
Any idea why it's been plunging? Down 50% since 1st of year.
Was overvalued when they went
Posted by fundamentalvalues on 25th of Feb 2021 at 09:04 am
Was overvalued when they went to market, but now there is opportunity. Wasn't a fan in double digits, but I love it in the $8s for a position. I do all my dd well in advance, spend a lot of time on it. Then I have a list at what I want to own if it gets to reasonable prices or on unreasonable panics.
Can you help me understand
Posted by z0ned on 25th of Feb 2021 at 08:38 am
Can you help me understand what you see technically in this chart?
UWMC price decline IDK but, looks
Posted by ridgetopab on 25th of Feb 2021 at 11:07 am
UWMC price decline IDK but,
looks like the institutional positions cut by over 50% in last period
SPAC IPO buyers did not get the expected bounce so selling?
Lack of history making other bets in this industry look better?
May be a good buy when it finds a bottom.
I got time and I
Posted by fundamentalvalues on 25th of Feb 2021 at 11:14 am
I got time and I would add large if it goes lower. Then I will take 50-100% on warrants when it pops. All day long
UWMC deep dive warrants expire in
Posted by ridgetopab on 25th of Feb 2021 at 12:09 pm
UWMC deep dive
warrants expire in Jan 21, 2026 , (terms 1 wt + 11.50 = 1common sh) so really an out of the money Leep option today
current warrant value implies stock price of 13.04 +/- for BE (i.e. current intrinsic value is 0 until stock price exceeds $11.50)
UWMC implied p/e is higher than peers PFSI _ COOP _ RKT
I'm up 37% so far
Posted by fundamentalvalues on 2nd of Mar 2021 at 01:31 pm
I'm up 37% so far on my position, happy to trail it all up now. Love buying things when nobody believes that have supporting fundamentals. That RSI was in the low 20s. Hilarious risk/reward opportunity.
UWMC looks like a nice play
Posted by ridgetopab on 25th of Feb 2021 at 11:29 am
UWMC
looks like a nice play as long as the Feds keep the QE train running
eventually setting up for 2008 MBS Crash the sequel?
Link to MF analysis
It recently made a divergent
Posted by fundamentalvalues on 25th of Feb 2021 at 09:05 am
It recently made a divergent low at $7.37 before bouncing over $8. So the risk/reward is very good here for me in building a position given the fundamentals