Grey skies, rain and what passes for cold weather around here may be why I was thinking about Hawaii and decided to look into Central Pacific Financial (NYSE:CPF),
but the valuation there doesn't look too much like a tropical paradise.
Central Pacific has done a lot to get itself on the right track from
its flirtation with disaster during the credit crisis, but it is hard to
see how management can drive the sort of growth it will need to make
today's valuation seem cheap in a reasonable time frame.
Read more here:
Central Pacific Financial's Valuation Could Cause Some Trouble In Paradise
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