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

Calamos Asset Management Inc. Message Board

  • p.celsus p.celsus Mar 1, 2013 5:08 AM Flag

    it's cheap, but will it ever go up?

    it's cheap in terms of enterprise value/assets under management -- in fact, it's prices at about 20% of the going rate in private transactions -- something on the order of 0.4% of AUM; of course it is cheap because it is horrible - talk about poor asset management and bleeding customers; but what will ever make the stock rise? the way to realize value is to liquidate it -- sell the assets to someone who knows how to manage funds and put out this management to pasture; but how could anyone ever do it? the insiders control 97% of the vote through special class B common stock with super voting rights!

7.10+0.04(+0.57%)Jul 22 4:00 PMEDT