SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Spekulatius who wrote (30298)3/11/2008 1:53:56 AM
From: Paul Senior   of 78744
 
ALD. I'm not sure why it deserves a premium when comparing it to other bdc's. Maybe it doesn't. Company is taking advantage of it though by issuing shares above stated b.v. which means there's no dilution to current stockholders. One of the few, maybe only, bdc that now can still do this.

Stock could fall a serious amount further and then be at a p/bk similar to other bdc's. Helping to prop the stock up though are its very good 40-year history and its now almost 13% dividend yield.

I am buying these bdc's as they continue to fall to new lows. With ALD, given its past history in all kinds of stock market turmoils, I'll be betting they can weather current troubles too. Meanwhile hoping and expecting the good dividend to hold, and that we are somewhere near a bottom with the stock price.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext