Wed, Oct 1, 2014, 7:50 PM EDT - U.S. Markets closed

Recent

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

Assisted Living Concepts Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • valueputter valueputter Oct 22, 2012 3:38 PM Flag

    as a reit worth $24

    True, mainly REITS own the MBS related to the real estate. A comp analysis with other companies who are purchasing units for at least $50K a unit shows ALC is trading lower than that (my last calculation came to $38K per unit when stock was 6.50 range). The many lawsuits keeps it from ever getting to $10 bc the large institutions don't want to deal with a company that has pending lawsuits hanging over it and bc it is trading near the $5 zone. I would pay attention to the past year's change in leadership.

    Sentiment: Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • before posting valuations, I suggest doing some due diligence by either talking to residents' families or visiting some facilities - the business is what pays the REIT, and "rents" have to be low-risk to indicate quality assets...satisfied families and residents drive the business model...imo.

    • **these at quick and dirty valuations. I do believe this company is undervalued from a cursory look at the balance sheets aside from anything qualitative such as patient satisfaction, etc.

      Sentiment: Buy

 

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.