Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Gold/Mining/Energy : SPECIAL SITUATIONS -- Ignore unavailable to you. Want to Upgrade?

To: Ciao who wrote (31)	12/21/1999 3:14:00 PM
From: M. Merriam	Read Replies (2) \| Respond to of 59

Here's a possible special situation: Amisk (AS.A on the TSE) --trading at $2.15; book value is $3.76 (with a big chunk of that in cash) Usually, I would think that a holding company trading at such a discount is no big deal; however, they've just announced their intentions to pay a .30/sh annual dividend (0.075 quarterly). How long can a company with this kind of payout remain below $3.00? Not long, I'd suggest. I have a small position. TRT is progressing nicely. A major payment is scheduled for Dec. 31st. Might spike another 10-20 cents if that goes according to plan. Mike