Patrick Kim
FMF Capital Group Ltd.
FMF.UN-T
STRONG BUY
Nov 04, 2005
In the non-prime mortgage origination business. Has been really damaged over the past several months. Has been buying at these levels. The yield is now running at 20% plus.
This one had a major blow up. It's a very tough field. Management has indicated they are making new changes in line with interest rate changes. Not a field he feels really confident in.