DVL Inc (PK) (DVLN)

One for 7,500 R/S :

http://www.otcbb.com/asp/dailylist_detail.asp?d=02/10/2011&mkt_ctg=ALL

Filing today...Can take DVLN off watch lists soon from the looks of the proposal...LJ

In general terms to address your question, the company sold at an equity discount during the good times for real estate markets a few years back...Kinda figured that was due to the company's past history and the listing status of being a bulletin board listed company...

A year or so back the company started into a declining trend of lower # of leased properties under their control which should be lowering overall square footage of leased property earning revenue...

Company gave no guidance prior to the most recent decline trend occuring and that seems to be their approach on any guidance to shareholders...

The equity value is based on lease revenue paying down underlying debt on property and with constant equity valuation(real estate property value) that increases equity...

There is also some concern in the equity value maintaining constant value status in the current real estate market environment...

Good, low cost run company...

Better future share price valuation gets a picker-upper if the company could start showing expanding lease footage to grow revenue...Imo, of course...LJ

Im analyzing this company seems really cheap at first sight with a earnings yield of 20% and a discount to book value of 80%

someone is following this company? why the price is so low?

DVLN filed their 10Q filing Friday...LJ

DVLN appears to be showing a small 4th quarter loss in the 10K filed on Wednesday which shows positive 2009 yearly profit...LJ

selling seems to have eased...LJ

Who dat selling DVLN cheapies today?...LJ

8-K filing released on Thursday...LJ

DVLN HOD...LJ

Wonder why someone unloaded almost a million share block on Friday?...LJ

Pretty weak price action recently...LJ

DVL, Inc. Reports Results of Operations for the Quarter Ended March 31, 2009
May 18, 2009 2:44:00 PM


Email Story Discuss on ZenoBank

View Additional ProfilesNEW YORK, May 18 /PRNewswire-FirstCall/ -- DVL, Inc. (OTC Bulletin Board: DVLN) announced its operating results for the three month period ended March 31, 2009.


DVL's income from continuing operations for the quarter ended March 31, 2009 was $354,000 ($.01 basic and $.01 diluted per share) as compared to $1,074,000 ($.02 basic and $.02 diluted per share) for the quarter ended March 31, 2008. After income from discontinued operations of $23,000 DVL's net income was $377,000 for the quarter ended March 31, 2009. During the quarter ended March 31, 2009 gain on satisfaction of mortgage loans was $0, compared to $634,000 for the same period in 2008.


Stockholder's equity increased to $23,300,000 as of March 31, 2009 from $22,923,000 as of December 31, 2008.


This press release contains statements which constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Included are statements regarding the intent, belief and/or current expectations of the Company and its management. The Company's stockholders and prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements. Such risks and uncertainties include, among other things, general economic conditions, and the actual performance of the portfolios of periodic payment receivables and other risks and uncertainties that are discussed herein and in the Company's reports filed with the Securities and Exchange Commission.


DVL, Inc. is a commercial finance and real estate company which owns and services real estate, commercial mortgages and other diversified commercial and consumer finance assets.


Statistical table follows:


DVL, INC.

RESULTS OF OPERATIONS

(in thousands except share and per share data)

Three Months Ended
March 31,
--------------------
2009 2008
---- ----

Revenues $2,320 $3,075
====== ======

Income from continuing operations $354 $1,074

Income (loss) from discontinued operations 23 (101)
--- -----

Net income $377 $973
==== ====

Basic earnings per share:

Income from continuing operations $.01 $.02
Income (loss) from discontinued operations .00 .00
--- ---
Net income $.01 $.02
==== ====

Diluted earnings per share:

Income from continuing operations $.01 $.02
Income (loss) from discontinued operations .00 .00
--- ---
Net income $.01 $.02
==== ====

Weighted average shares outstanding -
basic 44,770,345 45,292,757

Effect of dilutive securities 34,445 133,389
------ -------

Weighted average shares outstanding -
diluted 44,804,790 45,426,146
========== ==========



SOURCE DVL, Inc.



----------------------------------------------
Henry Swain
+1-212-350-9900

DVLN reports quarterly profit...LJ

10Q filing is out...LJ

DVLN 10K filing is out...LJ

8-K filing by the company on 01-27-09...LJ

Profitable 10Q filing from period ending 09-30-2008 has been released...

An item to note from the filing, fwiw...

During August, 2008 the company foreclosed on 3 parnerships taking title to 3 vacant, former Wal-Mart stores...

An 8-K filing was also released earlier from the company...LJ

8-K filed by the company...LJ

Just letting ya know that I keep a close eye around here at least a couple of times per month...

Hope all is all well and the Christmas shopping is coming along OK...LJ

Thats the only cool thing going on right now! How did u notice that? ur fuuuuuuuuuuunny lol

KC, Did you realize that your last post on this board was within 10 minutes of the board creation time?...

Very interesting...LJ

LOL, thats exactly what it looks like! That or DVNL just got its heart beat back?

It looks like someone took a crayon and used it on the chart near the end of the day...LJ

Market hasn't had many true investors in it for a few years, IMO...

Trading volume in LEH is already above the cumulative trading volume of at least 20 companies with earnings that I have on a watch list...All that volume is in a bankrupt company and ignoring investments available...

Another few years of washouts and maybe the investors will gain control of the markets again...Best of luck to you becoming a big cat then...LJ

me2, picked some spng last week, lets c? I know i dont suppose 2 write about other stocks but its good ol DVL

My easy chair...LJ

This thing hasnt moved in a year??LOL What r u in now?

KC, looking like a rock of stability here...LJ

Come check out my new getto board? EGT

Earnings pr released Monday presented well...LJ

10Q filing is out...LJ

Kc, sure glad that I haven't been holding my breath waiting for that .10 entry again for the past month...Only 2 more days left in when since your post almost a month ago...But who's counting?...LJ

Looking @ 5 year chart, bottom looks to be at .10's, what? when? why? wouldnt we play this month to month?

The sleeping Giant!

closed at hod..LJ

ALRY getting attention?

Little warmer,,,shot another big moccasin a few days ago...spent a few 22 rounds Sunday afternoon on another one at 30 yards or so...they like the warm afternoons...still getting plenty of cool nights for this time of year...

Don't see any big hurry to get anything yet...Be time to put some seeds in a few spots soon enough...LJ

No more OBFM for me that pc of sh$#, DSCO went big 2day never got filled yesterday, f$%^$kers. Going long with Jmba? Things r gonna get heated in the south? What you got?

Hell no, they tryed to give me 2g, whet 2 hr block, 4x that amount!

Hmm,,have U been to turbo tax again?...LJ

DSCO im trying monday?

Traders flipping with the cheaper commissions...

This too shall pass...

Anytime will be soon enough...LJ

:>} knw whatcha mean, whats the deal with shmm??

Good to hear,,,Just can't seem to find the nerve to start over fresh...

Hate the thought of pouring good money after bad...Too much of that over the last 18 months...LJ

Got lucky and on moday I picked up GBDX! Trying to start fresh, wished i picked up MESA, with aloha airline gone now???????? the possibilties????

Just lovely...Don't you miss
SHMM when it takes off...LJ

10K filing is out...LJ

8-K/A filing out to amend the recent 8-K filing from the company...I-box updated with the new filing...

Hopefully this is the last amendment...lol...LJ

I-box updated with info from 8-K filing from 01-04-08...LJ