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: anializer who wrote (33462)2/6/2009 6:09:03 PM
From: Paul Senior  Read Replies (1) of 78704
 
AINV. I have some shares as part of a package of bdc's.

I have reduced positions in these companies when they have announced intentions to issue new stock at under book value.


Company in press release still says it might want to issue new shares (Likely below market price and certainly below book value). Book value has been coming down (a negative).

Otoh, dividend yield is still high on current low stock price and the new dividend cut. One has to wonder if the dividend will hold though. Analysts still seem to be negative:

biz.yahoo.com

AINV very disappointing to me: I'm down 2/3 on my purchases. Though that is irrelevant at this instant. Only matters what will happen going further.

Not sure what I will do at this time with AINV. I'd not be a buyer of the stock, so no add for me; maybe just hold.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext