$JFGI. 0083 MOST UNDERVALUED FULLY FULLY REPORTED
Post# of 63688
[b]ENTERPRISE VALUE $13.86 MILLION [b]
HUGE ASSETS $8.6 MILLION
REVENUES $2 MILLION
GROSS PROFIT $1.5 MILLION
MARKET CAP $2 MILLION[b]
[b]SHARE STRUCTURE [b]
O/S 322 MILLION
[b]FLOAT 140 MILLION (approx. ) [b]
A/S 490 MILLION
[b]INSIDERS HOLDING 40% - 130 MILLION
PLUS OTHERS HOLDING APPROXIMATELY 52 MILLION
4-6 Corporations and Family
Shows HUGE Confidence as to where PPS is going! [b]
[b]WATCH FOR A MERGER/MERGERS or BUYOUTS AS THEY LOOK TO ENTER EVERY STATE, PARABOLIC MOVE COMING WITH JFGI![b]
[b]STRONG BUY[B]> > >
http://www.superstockscreener.com/company/JFGI
[b]JFGI PLAYING & DOMINATING in a MULTI BILLION $$ MARKET [b]
AT $500 Per Customer plus 2-3% and a GROWTH RATE OF 17% watch for JFGI to trade into DOLLARS one Day, YOU HAVE A LIFE CHANGING OPPORTUNITY FOLKS!
Most of JFGI Competitors have Enterprise Value upwards $25-$1 Billion Range, were at $13.86 Million, not too bad for a Newer Company. Showing a 17% Growth Rate per year and just tapping into the market expect a Major PPS Increase very quickly.[b]
[b]JFGI consists of 2 DIVISIONS with 4 SUBSIDIARIES.... REVS coming all Directions. [b]
[b]CURRENTLY LOOKING TO EXPAND ACROSS THE US WITH FS INVESTMENTS which will be HUGE!!!
**MONSTER REVS/PROFITS POTENTIAL**[b]
Jacobs Financial Group Inc
SUITE 970, 300 SUMMERS STREET , Charleston , WV , 25301 , United States
thejacobsfinancialgroup.com
Phone: +1 304 343 8171
Revenue: $2M
Industry: Property & Casualty Insurance
Employees: 7
SIC: Fire, Marine, And Casualty Insurance (6330)
NAICS: All Other Insurance Related Activities (524298)
Description:
Jacobs Financial Group, Inc. (JFG) operates in two segments, such as investment advisory services and surety insurance products and services. [b]The Company holds four wholly owned subsidiaries, FS Investments, Inc. (FSI), Jacobs & Company (Jacobs & Co.), First Surety Corporation (FSC) and Crystal Mountain Spring Water, Inc. (CMW). Through its wholly owned subsidiary, CMW, the Company has an undeveloped leasehold interest in a mineral water spring located near Hot Springs, Arkansas. The Company has focused its primary efforts on the development and marketing of its surety business in West Virginia and Ohio, securing relationships. [b] Its FSI is a holding company. The Jacobs & Co., is an investment advisory firm. The Company?s subsidiary FSC is a West Virginia domiciled property and casualty company.
Jacobs Financial Group, Inc.
300 Summers Street
Suite 970
Charleston, WV 25301
United States - Map
Phone: 304-343-8171
Fax: 304-342-9726
Kipphttp://thejacobsfinancialgroup.com
JFGI has seen gains of over 500% in the past and is primed to see another run today JFGI is super thin folks which means when volume comes in this baby is going to SOAR!
[b]About JFGI Stock [b]
Jacobs Financial Group, Inc., through its subsidiaries, engages in placing surety bonds in the United States. [b]It places surety bonds with insurance companies for clients engaged in various industries, such as the extraction of coal, oil, and gas. The company also provides investment advisory services to institutions, companies, and individuals. [b]
In addition, it holds an undeveloped leasehold interest in a mineral water spring located near Hot Springs, Arkansas.
Rather than life insurance, Jacob’s Financial operates through their four wholly owned subsidiaries, FS Investments, Inc., Jacobs & Company, First Surety Corporation and Crystal Mountain Water, Inc. [b]The bulk of the business passes through First Surety. [b]
As of the close of 2005, Jacob’s Financial acquired the former West Virginia Fire and Casualty Company, subsequently renamed First Surety Corporation, from The Celina Mutual Insurance Company. The acquisition consisted of the purchase of marketable investments and insurance licenses and did not include any existing policies or customer base as the insurance lines that were being offered were not the same types of insurance that new ownership intended to pursue.
[b]JOHN M. JACOBS [b]
Mr. Jacobs is a Certified Public Accountant, the founder of Jacobs & Co., a Registered Investment Advisor and is licensed as a property and casualty insurance agent in twelve (12) states. Mr. Jacobs has served as a Director and President of both Jacobs & Co. and FS Investments, Inc. since their inception. Prior to establishing Jacobs & Co., in 1988, Mr. Jacobs was a practicing public accountant for over thirteen years, during which he was a managing partner of his accounting firm and a business and personal advisor to his clients. Mr. Jacobs has served as a director and President of JFG since May 2001.
[b]C. DAVID THOMAS [b]
Mr. Thomas is a licensed resident insurance agent in West Virginia and holds non-resident agent licenses in several other states. Mr. Thomas began his surety career in 1976 with United States Fidelity and Guaranty Company and served as
25
the surety underwriter in the Charleston, WV branch office until 1979. At that time he joined George Friedlander & Company, a regional insurance agency based in Charleston, WV, where he presently serves as Vice President and Manager of the Surety Department. Mr. Thomas is a shareholder and Director of George Friedlander & Company. He has served as a Director of FS Investments, Inc. since its inception in December 1997, and has served as a director of JFG since July 2002.
[b]MARIO J. MARRA [b]
Mr. Marra holds a Masters in Business Administration from the University of Findlay and is the production supervisor for the Bridgeport WV facility of a multinational aerospace and building industries company where he has been employed since 1986. Mr. Marra joined the JFG board in June 2009.
[b]BRADLEY W. TUCKWILLER [b]
Mr. Tuckwiller is a licensed resident insurance agent in West Virginia. Mr. Tuckwiller served in various bank management and credit administration capacities for a small regional bank based in West Virginia from 1977 through 2001, concluding as Executive Vice President. Mr. Tuckwiller is the owner of a consulting firm, providing assistance in financial and regulatory compliance matters. He has served as a Director of Jacobs and Company since January 2008, Director of First Surety Corporation since June 2010 and Director of JFG since June 2009.
[b]ERIC D. RIDENOUR [b]
Mr. Ridenour is a Certified Public Accountant and has been employed since 2003 in the Charlotte, NC office of a national wealth management firm that serves several hundred wealthy families. Mr. Ridenour serves as a Managing Director of that firm. His prior employer was Deloitte & Touche from 1996 to 2003 where his most recent position was Senior Manager. Mr. Ridenour was appointed as Director of JFG in December 2009.
[b]ROBERT J. KENNEY [b]
Mr. Kenney has been Vice President of the Company since 2003. Mr. Kenney joined FSI and Jacobs & Co. in 2000, and is President of First Surety Corporation and Vice President and Assistant Portfolio Manager of Jacobs & Co. Mr. Kenney is a licensed resident insurance agent in West Virginia and also holds Series 63 and 65 securities licenses. Prior to joining the Company Mr. Kenney had over 20 years experience in the oil and gas industry with Columbia Energy Group. With Columbia, Mr. Kenney held various positions in Treasury, Human Resources, and Law Departments and served as both Manager of Risk Management and Special Projects Manager.
[b]About FIRST SURETY CORPORATION [b]
FIRST SURETY CORPORATION is
An innovator in the surety industry
Providing commercial surety capacity specializing in tailored surety programs for the energy industry
Active in developing specialized surety programs where no surety capacity exists or for underserved markets.
First Surety is a West Virginia insurance company regulated by the Insurance Commissioner of West Virginia:
Licensed in West Virginia, Ohio and Indiana (surety not included under the Indiana license).
[b]Actively writing surety in West Virginia and Ohio. [b]
[b]Pursuing licenses in other states. [b]
[b]First Surety operates as a standalone entity that generates steady underwriting and investment income, and it has no debt. [b]
[b]First Surety has [b]
[b]Capital and surplus as regards to policyholders in excess of $6.2MM
Sound Incurred But Not Reported reserves with no paid losses
Zero claims [b]
Reinsurance treaties with various syndicates at Lloyd’s of London.
Our business philosophy is to provide capacity under surety lines of property & casualty insurance for its policyholders at an economically rational rate. We are a preferred provider of customized surety programs to specialized markets where capacity is needed
We succeed through traditional, conservative surety operations of underwriting for zero losses. This underwriting is based on the Cs of surety underwriting: Character, Credit reputation, Capacity, and Collateral, coupled with a full understanding and proactive monitoring of the physical circumstances underlying the policy/bond obligation.
[b]First Surety, based in West Virginia, is a property and casualty company with licenses in West Virginia, Indiana and Ohio, targeting primarily coal and oil & gas industry surety markets in the Eastern United States [b]
Today's legal proceedings often require the financial assurance of surety bonds. Many Judicial Fiduciary and Judicial Guarantee bonds require a signifigant level of security on the part of the bond principal to make it possible to offer such a guarantee.
[b]Many traditional insurance/surety companies are not equiped to effecively handle the security aspect of the undertaking. Often they refuse to offer terms and conditions which the principal is willing to accept. [b]
[b]First Surety Coropration has unique service facilities to maximize the principals use of his security assets. [b]
First Surety Corporation specializes in providing tailored surety programs to the energy industry:
[b]Reclamation surety [b]
Oil & Gas plugging and abandonment, permit, license suety
Alternate energy permit, license and asset retirement surety
With its highly experienced underwriting staff, First Surety is able to offer innovative solutions to the everyday challenges faced by energy companies.
First Surety’s different approach to surety bonding is the most creative, cost effective product available in the marketplace today.
Daily, businesses, their owners and others find themselves faced with the need for some type of surety bond. This can be due either to an occupational requirement or responsibility which arises.
It's not always easy to find a source for just the bond you need. First Surety Corporation is a bond specialist capable of providing the bond you need.
Whether you're a Notary, Commissioner, a Mortgage Broker, a Tradesman, Contractor, or Public Official, First Surety Corporation would like to help you with your surety bonding needs.
[b]Fees & Services [b]
The Jacobs Financial Group is solely compensated by fees paid by our clients. We receive no compensation from any other source. The fees are for investment advisory services and financial planning. Fees are calculated as percent of your month-end balance from the aggregate of all the client’s accounts held with the firm’s custodian. [b]The accounts are charged in the arrears monthly. The minimum annual charge is $500.
The fees range from a 0.5% to 2.00% annual rate for aggregate assets under management.[b] The fees that will be charge will be contingent upon the following variables:
Size of account(s)
Number of accounts
Complexity of investment strategy
The Jacobs Financial Group’s general policy is that a financial plan is required for all clients within the first year of engagement. Clients whose aggregate portfolio is greater than $150,000 will receive planning services included as part of their monthly fees.
[b]SURITY BOND MARKET = $$$MULTI BILLION DOLLAR MARKET$$$ Backed 100% by the US Government![b]:-)
[b]The good news is that the surety industry is profitable and can provide the capacity that its clients require. Predictions that the market would suffer tremendous losses due to the challenging economy have proven to be exaggerated and most industry executives view the future with cautious optimism. Quite a story! [b]
[b]Revenues increased 17% in fiscal 2012, $1,833,194 as compared with $1,561,475 in fiscal 2011. The increase is largely attributable to the continued growth of the surety business of FSC and the receipt of a cumulative No Claims Bonus from its reinsurers for the years ended June 30, 2010 and June 30, 2011. [b]
Revenue from the investment management segment, net of advisory referral fees, declined 9% with fiscal 2012 reporting $242,472 as compared to $266,963 in fiscal 2011, a decrease of $24,491. Investment advisory fees are based on the market value of assets under management and some fluctuation will occur due to overall market conditions. Generally such revenues will remain relatively constant from year to year with large fluctuations attributable to the growth or loss of assets under management.
[b]Revenue from the surety insurance segment, consisting of FSC and TSA, increased 24%, with $1,576,107 in fiscal 2012 as compared with $1,275,319 for the prior year.
[b]
Guys and Gals please be prepared for Jacobs Financial (JFGI) to offer up some HUGE GAINS...I am persistent, I will bring Awareness like it deserves...at the current PPS of .0083 you have a Ground Floor [b]Opportunity here to invest $500-$1000 and own approximately 40000-80000 shares and with my Short Term Projections of .05-.10, Mid Term .15-.25 or Long Term of .30-.50+ you will Generate a Hefty Profit, one that will give long term stability... [b]
[b] SHORT TERM PROFITS $2000-$8000
MID TERM PROFITS $6000-$20000
LONG TERM PROFITS $12000-$40000
(Approx.) [b]
[b]Daily Chart[b] > > >
http://stockcharts.com/h-sc/ui?s=JFGI&p=D&b=5...6806822294
So think about that, I will compile DD and send out Board Mail to our followers before the masses.....Your Friend and Dedicated Investor Cheeky
[b]Well I did and I hope you enjoy it![b]