Even with a 41% tax rate, alsc investments still worth $10 plus $2 in cash
plus investments in 27 companies plus core
biz @ .83 and a pe of 10 according to latest prudential report
With ALSC trading at 13 and change I think it is a safe stock.
comp # of shares stock price Value per share
BRCM 336,522 123 $41,392,206.00 1.00
UMC 339,900,000 $50.00 $529,439,252.34 12.77
PMCS 68,152 103 1/2 $7,053,732.00 0.17
VTSS 728,293 57 $41,512,701.00 1.00
TSEM 1313700 15 1/4 $20,033,925.00 0.48
CSMF 16,400,000 $5.50 $51,425,313.57 1.24
add money from umc $20,716,510.90
total $711,573,640.81
# of shares $41,464,780.00
alsc $17.16 (before tax)
41% tax rate $10.18 |
