Fri, Dec 19, 2014, 12:39 PM EST - U.S. Markets close in 3 hrs 21 mins

Recent

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

AMER OVERSEAS GP LTD Message Board

  • o23ffs o23ffs Jun 28, 2010 8:55 PM Flag

    First Qtr 2010 Statement

    Looked great to me for a couple reasons.

    The increase in derivative liabilities was due to a reduction in RAM's own non-performance risk. That means that RAM's financial condition has improved, so they are less likely to default on their obligations, so the market value of their obligation grew. The actual derivative liability decreased, but RAM's financial condition improved enough that the decrease in liability was more than offset by the increase in market value of their obligation.

    Secondly, the three year contract with RSSL suggests that the run-off will be complete within three years. At that time the company will be dissolved, purchased by RSSL or another entity, or enter a different insurance business. Take your pick.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
AORE
10.250.00(0.00%)Oct 16 4:00 PMEDT

Trending Tickers

i
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.