BFC Financial Corporation (NASDAQOTH:BFCF)

CAPS Rating: 3 out of 5

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Player Avatar udflyerz (65.62) Submitted: 3/5/2013 8:29:18 PM : Outperform Start Price: $1.94 BFCF Score: +50.70

extreme value play. owns half of BBX. Trying to gain control of Bluegreen BXG, possibly by the end of March. Sold Benihanas restaurants off. Will ride the SFla real estate comeback.

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Member Avatar LowEnterpriseVal (< 20) Submitted: 5/14/2013 5:59:20 PM
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and now it is making a play for the other half of BBX it didn't own. If this goes through it will own all of BBX and all of BXG, at an outstanding discount to net asset value (NAV). It likely will go through as BFCF controls 75% of voting shares.

Member Avatar LowEnterpriseVal (< 20) Submitted: 6/10/2013 10:33:44 AM
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See today's BBX news. Collecting on commercial loans that were previously strategically defaulted on. This should be a boon to BBX/BFCF combined company shortly. This is looking more and more like a once in twenty years investment chance.

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