For a long term alsk has been having 550million in debt, 350million in revenues and approximately 250million in market cap. I looked at 2008 to 2012 numbers.
Currently they have 160million in debt, 220million in revenues and 100million in market cap.
This could be $5 and still be fairly valued.
Hopefully all our shares, pt and oibr.c will be converted to corpco.
Then corpco will trade in all markets, we should substantial improvement then.
Currently PT\OIBR all trade with no relationship.
After 2 years of conceiving, approving and selling AWN we have nothing to show for in the stock price.
GNCMA has a 300% appreciation and alsk is down 10% after AWN approval , goes to show you what market thinks of this deal.
Why was Alaska Wireless not sold to Verizon in the first place?
Even right now on EV\Revenue basis alsk=1 all other broadband providers are at 2.5+.
With the bond refinancing about to be completed I kindly request the board to institute a buyback or a dividend or both ASAP.
I have been holding your stock from the day AWN was announced and yet to see the light at the end of the tunnel.
Many of us are losing patience on endless restructuring and new schemes which are always 2 quarters away to bear fruit.
still not a lot especially when you have 660million shares but the trend is from 2million to 14 million which is worrisome.
I have not made a cent in this POS.
So basically they are saying that they will start producing profits this year and all the loses carried over for previous years are brought in.
I prefer a buyback.
This stock is a coiled spring with some nudge this can be $5.
All stocks in alsk's universe has ev/revenue of 2.
They 220million in revenue times two is 440million.
Debt is 200million so cap should be 240million or $4.8.
Alsk also has the ability to grow in IT services.
Just a small buy back will make this go to $5.
Convertible bonds are selling at 100 cents on the dollar.
Bond holders expect to get thier money back fully.
You are right they showed 30million cash.
But the question is that what is the Working Capital?
As of 12/31 WC is filled with non cash items so I will wait for may earnings to see whether we can include the 30million or not.