SWS Group, Inc. (NYSE:SWS)

fdude71 (75.02) Submitted: 4/14/2011 7:48:31 AM : Start Price: $6.01 SWS Score: -4.80

Takeover target: HTH should get a controlling interest in this bank sooner and later and will turn it around as this is Gerald J. Ford forté.

$5.75 seems to be a very secure bottom here so the $6.1 current price tag seems reasonable to me.
I'll add to my RL portfolio anytime it gets close to this.

On Monday March 21, 2011, 2:19 pm EDT

SWS Group Inc. on Monday said that two investment firms have agreed to extend loans of $50 million each and buy stock giving each a 17 percent ownership stake in the investment and financial services company.

The moves were announced three days after SWS' board rejected an unsolicited acquisition offer from Sterne Agee, a privately owned investment banking firm. SWS said the $6.25-a-share cash offer, or about $203 million, "substantially undervalues" the company.

Dallas-based SWS did not mention the offer in a statement announcing Monday's transactions with Hilltop Holdings Inc., a publicly traded investment company, and Oak Hill Capital Partners, a private equity firm.

Hilltop and Oak Hill each agreed to invest in SWS through $50 million loans, for $100 million total. The senior unsecured loans bear interest of 8 percent and come due in five years.

Simultaneously, SWS agreed to issue both companies warrants to purchase nearly 8.7 million SWS common shares apiece at $5.75 per share -- 50 cents per share below the Sterne Agee offering price. The exercise price in the deal with Hilltop and Oak Hill is subject to anti-dilution adjustments. The purchases will give each of those two companies an ownership stake of about 17 percent in SWS, which will appoint one Hilltop representative and one Oak Hill representative to its board.

The capital infusion comes as SWS tries to rebound from deterioration in the commercial real estate loan portfolio at its bank unit, Southwest Securities. SWS said it has been exploring capital-raising alternatives for several months.

"This transaction will provide the company with the capital necessary to address the challenges at the bank and help ensure its long-term strength," CEO James W. Ross said.

Gerald J. Ford, chairman of Dallas-based Hilltop, said his company believes SWS Group "will be well-positioned for future growth and success once the bank issues are addressed."

J. Taylor Crandall, an Oak Hill managing partner, said his firm believes the capital infusion "will assist substantially in strengthening the bank, and we are confident in the company's long-term growth potential."

Shares of SWS fell 18 cents, or 2.9 percent, to $5.97 in afternoon trading. The stock has traded in a 52-week range of $3.91 to $12.45.

mrcarlen (< 20) Submitted: 11/17/2010 7:24:07 PM : Start Price: $6.04 SWS Score: +15.12

too much debt, no signs of growth

78TAX (< 20) Submitted: 8/5/2010 5:52:23 PM : Start Price: $8.55 SWS Score: +51.32

THEY NOT GOING TO MAKE IT

valuemoney (99.99) Submitted: 5/16/2010 11:26:57 PM : Start Price: $10.40 SWS Score: -61.03

Beebzer!

Beebzer (90.33) Submitted: 5/14/2010 10:04:29 AM : Start Price: $10.21 SWS Score: -59.90

I am assembling an experimental portfolio, with stocks chosen only on the basis of insider cluster buys--no other criteria. This stock had 6 unique recent buys.

brenta121 (65.69) Submitted: 5/13/2008 12:38:31 PM : Start Price: $17.33 SWS Score: -65.28

One of first five stocks on hot 5 star stocks list. Sorted by 30 day return.

phredsee (52.84) Submitted: 3/17/2008 3:50:54 PM : Start Price: $10.42 SWS Score: -52.04

Solid management, solid principles, solid business model, and solid ROE (9.25%). When you see a lot of companies cutting (or completely eliminating) their dividends in times of economic flux to the downside, the Board of Directors at SWS increased the company's quarterly cash dividend to 9 cents per share, a 12.5 percent increase from the former rate of 8 cents per share, at its recent meeting Friday, February 29th. Now we're looking at close to 3% yield on this stock and a book value of $11.50... am I missing something here, or is SWS a steal at $10.85/share?

tinyelvis1 (< 20) Submitted: 2/27/2008 11:26:54 PM : Start Price: $12.36 SWS Score: -54.37

Y Screen- Beta 1.67, Profit margin 11.1%, P/E 12.9, PEG .85

harrison5048 (77.80) Submitted: 3/12/2007 4:54:00 PM : Start Price: $22.03 SWS Score: -75.00

good company. nice buy opportunity on a dip

telawhopper1 (60.48) Submitted: 2/13/2007 10:12:58 PM : Start Price: $24.95 SWS Score: -74.88

Nice regional brokerage. With consolidation is investment services arena, SWS could get a look from several suitors. Purely a speculative play for acquisition though.

themtbinvestor (79.50) Submitted: 2/8/2007 7:30:31 AM : Start Price: $26.24 SWS Score: -76.06

sector

MOTBAR (76.64) Submitted: 2/7/2007 12:44:23 PM : Start Price: $25.92 SWS Score: +75.45

too much competition