I agree to wait till 1q2013 data is out and the pending acquisitions of Homeward and Rescap assets are closed. Those could bring a bunch of restructuring charges to Altisource. Also the Homeward loans are only expected to move to the Altisource platform by end of April and no timeline was set for the Rescap private label loans to move to the Altisource platform. So revenue development is not clear.
Also I would like to get more clarity on how they will payback the 200 million loan. Debt with a service company is not what I like to see. Also the debt pay down will block them from buying back shares as they have donw over the past years.
I hope for some more clarity on the 1q2013 conference call.