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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (53852)	6/10/2014 9:57:05 AM
From: MCsweet	Read Replies (1) of 78628

ASFI ASFI announced some good news -- they voluntarily prepaid off the BMO loan, so they will be receiving the next $16.9 million of future Great Seneca payments into their earnings. Apparently this will also result in the accounting extinguishment of one of its large debt liabilities, although the true economics of the company haven't really changed. MC

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