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Strategies & Market Trends : Value Investing

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From: Paul Senior5/3/2012 9:09:46 PM
  Read Replies (2) of 78751
 
NMFC: I'm in now for a small position of bdc New Mountain Finance Corp.

Not much public history for this company. The data sites (Yahoo, others) that I am using are incorrectly reporting some numbers. Book value per the company's Q4 2011 report (issued 3/12) is $13.60 per share.

What seems to be correct is that the annualized yield based on the March distribution (and current stock price of $13.41) is 9.5%. Also that there is a number of insider buys. I guess as this company begins its public life:

finance.yahoo.com

newmountainfinance.com

I'll coattail these insiders, hoping the good distribution makes holding painless.
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