Thu, Mar 5, 2015, 4:19 PM EST - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

American Capital, Ltd. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • engie095 engie095 Feb 18, 2012 1:43 AM Flag

    What exactly is negative about the results that ACAS reported?

    Do you think they'll ever get PPS above NAV before reinstating dividends? If they're not paying a dividend, why would PPS growth ever outpace NAV growth? I think a reasonably good point has been made on this board that we shouldn't expect PPS > NAV until dividends are reinstated, but management is not going to do that until PPS < NAV. Catch-22, no?

    Since the debt covenants no longer have net worth requirements, what do you see being the risk from mark-to-market? The 1:1 requirement for BDCs?

    Yeah, they got hammered in 08/09, but understanding why things weren't as bad as they seemed (thank you Jaded Consumer) and the way that they positioned themselves with respect to their lenders impressed me enough that I trust their ability to manage things.

    Thanks for the excellent posts.

15.07+0.19(+1.28%)3:59 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.