U.S. Markets open in 2 hrs 39 mins

Ambac Financial Group, Inc. (AMBC)


NasdaqGS - NasdaqGS Real Time Price. Currency in USD
Add to watchlist
17.15-0.05 (-0.29%)
At close: 4:00PM EDT
People also watch
AMBCWABCBAEGNAGOAIMC
  • New Information from Q1 2017 Earning Call: 1) AMBAC got 100% of all Senior Surplus Notes = Controls Itself AFG now
    2) Rehabiliation within 60days 3)New business to Q3 2017 to use $3,6bn NOLs 4)Holder of own insured bonds from Puerto Rico: 12% PRIFA + 16% COFINA 4)Big cut of insured Book down to $75bn. 5)Builds Loss Reserv for Puerto Rico 2,2bn Exp.
    RESULT: Well prepared for the future. Palmer said ,,buy" and down from $28 to $26 rated.
  • New rating: MKM said $17 former $10and neutral from sell before
    Palmer said $25 former $10 and buy from buy
  • To Understand Puerto Rico bankcruptcy : Save for Puerto Rico are Money for ,,Essentinal Service".
    Save for Investors are Money from the revenue stream backed loans as like COFINA, Highway (HTA)... what is not needed for essentinal service. Go bonds can get a cut. So you can finde the list for Expenses Page 116 an here you can see the $813 Million PR has got for debt payments - but they can make more cuts in PR
    http://www.gdb-pur.com/documents/CommonwealthofPuertoRicoFinancialInfoFY201612-18-16.pdf

    Debt Summary by Type of Debt can you find at Page 176
    Indebtedness Payable Primarily from Commonwealth Taxe are (and those backed by revenue stream):
    COFINA $17,3bn, HTA $4,2bn, PRIFA $1,8bn, PRCCDA $0,4bn, MBA $0,03bn = TOTAL $23,774bn
    These are also insured by AMBAC + some GO Bonds (less $400 millions and only this is in the fire of AMBAC).

  • Andre..who are you talking to? Just wondering. ..
  • OK, Big fight now in Puerto Rico. 1) Puerto Rico 2016 Income: $17,78 bn Expenses: $20,87 bn
    2) Debtservice 2016 Principal: $1,66 bn Interest and others: $2,32bn
    =======================
    Must Change the Deficit of total: $ 3,09 bn and now we take a look of how you can do this with a 50% of account positions of
    3) Health 2016 $2,985 50% cut = $1,4935 and Public housing and welfare $3,51 bn 50% cut = $1,755 bn
    ============================= total $3,2485 bn

    Much enough to make all payments, but these cuts can only be made under Titel III if the Oversight Board agreed or an other way is that puerto rico beach-property is for sale for total $35bn.

    In my kind of view, Puerto Rico has and will sell the beach-property of it´s island and got enaugh cash for his 10 year fiscal plan.
  • Showdown in Puerto Rico 1 May deadline. After this deadline Puerto Rico can use Titel III also to restructure is $48 billion Pension-Debt. At this point $48 billions can change from Pensions to Bondholders, but at the Bondholders Side are $53 billion already at payment-defaults. $35 billion of the total $72 billion Debt got priority payments. So what the goverment is really doing, is to use pension-payments for bondholders. The can do this under Ps3 (Privit Public Partnership) as privitization or by using Titel III. THE MOST People does not understand this.
  • http://thesubwaytrader.com/?s=AMBC has an alert for $AMBC. Did anyone happen to see it as well? Looking for some good positive information from the company! Even the boldest zebra fear the hungry lion. Investing making money.

    The Subway Trader: Trading Stocks and Making Money
    Stock alerts from the The Subway Trader. Stock trading, making money and always looking for the next big money maker.
    thesubwaytrader.com
  • End of Rehabilation within the next 60 days: https://marketexclusive.com/ambac-financial-group-inc-nasdaqambc-files-an-8-k-regulation-fd-disclosure/91497/

    Ambac Financial Group, Inc. (NASDAQ:AMBC) Files An 8-K Regulation FD Disclosure - Market Exclusive
    Ambac Financial Group, Inc. (NASDAQ:AMBC) Files An 8-K Regulation FD DisclosureItem 7.01. Regulation FD Disclosure. On April 10, 2017, the Special Deputy Commissioner posted the following announcement to “ambacpolicyholders.com.” This website is main
    marketexclusive.com
  • OK. GOOD NEWS! READ THIS to UNDERSTAND AMBAC vs. PUERTO RICO. AMBAC is going to make a 8-k Form to update an increase in stockholder equity, because AMBAC had already build $2,088 bn loss reserve for Puerto Ricos Default and the high securities think about this: Ambac Financial: Insured Puerto Rico payments to be $1.13 billion. The Increase will be $958 million to stockholders equity.
    https://www.benzinga.com/analyst-ratings/analyst-color/17/04/9249199/title-iii-restructuring-for-puerto-rico-likely-to-result

    Title III Restructuring For Puerto Rico Likely To Result In Significant Paid Claims For Monolines
    With Title VI now looking a pipedream and Title III Restructuring a near certainty in Puerto Rico, Height Securities said in a note released on Monday, the latter would result in...
    www.benzinga.com
  • This is where I find the top NASDAQ & NYSE Trade Ideas ---> www.T0pm@rketgainers.c0m

  • All Puerto Rico creditors are fighting the fiscal plan: GO, COFNA and Assured fight together now. Plan from March 27: https://de.scribd.com/document/343224256/Joint-Creditor-Letter-to-Oversight-Board-on-Fiscal-Plan-for-Puerto-Rico#

    Joint Creditor Letter to Oversight Board on Fiscal Plan for Puerto Rico | Puerto Rico | Taxes
    A letter to the Members of the Oversight Board from the Ad Hoc Group of Puerto Rico General Obligation Bondholders regarding the Fiscal Plan for Puerto Rico, which was certified on March 13, 2017.
    de.scribd.com
  • (ABV $32,- / Share nows!) Ambac Financial Group, Inc. Files An 8-K Other Events !!!! +$92 Millionen for AMBAC-Stockholder !!! https://marketexclusive.com/ambac-financial-group-inc-nasdaqambc-files-an-8-k-other-events/87095/

    Ambac Financial Group, Inc. (NASDAQ:AMBC) Files An 8-K Other Events - Market Exclusive
    Ambac Financial Group, Inc. (NASDAQ:AMBC) Files An 8-K Other EventsItem 8.01. Other Events. On March 25, 2017, Ambac Assurance UK Limited (“Ambac UK”), a subsidiary of Ambac Financial Group, Inc. (“Ambac”), agreed in principle to a confidential settl
    marketexclusive.com
  • CEO BOUGHT AMBAC SHARES: Ambac Financial Group, Inc. (NASDAQ:AMBC) CEO Claude Leblanc bought 20,000 shares of the business’s stock in a transaction on Friday, March 17th. https://baseballnewssource.com/markets/claude-leblanc-acquires-20000-shares-of-ambac-financial-group-inc-ambc-stock/517603.html

    AMBAC Management is buying AMBAC Shares and have Increased insider positiont in the stock by 11.24% over the past 6 months. They own now 0,7% of the firm.

    AMBAC will get in the next 4 weeks $500 million +x from JPMorgan. JPMorgan had broken contract rules and the judge of this trial case has got 4 weeks for a trial. You can google this.

    AMBAC Puerto Rico is no danger. Here is why: 1) COFINA is exclude from the Puerto Rico bankruptcy. 2) AMBAC has builded reserves for all principals and interest of insured Puerto Rico bonds. 3) Puerto Rico has 70bn in Debt. They can pay for sure 35bn and other 35bn with economy groth in the next 10 years. You can google PR fiscal plan. This is true. 4) AMBAC will got a big return from his Puerto Rico reserve. Estimated $1bn from 2bn.

    Puerto Rico is in talks with bondholders. They have already positiv talks with PR GO Bondholders at last friday. But at saturday COFINA sued that the 2014 GO Bond is invalid. IF this is true, the GO Bond-Debt will move from 13bn to 9,5bn. This will increase the return for AMBAC.

    Why is AMBAC down?
    MBIA, Syncora and Assured Guaranty are in fire of 9bn losses for Puerto Rico PREPA. Goverment want to sale this company and not to pay for this deep.

    What must Puerto Rico pay for?
    1) Pensions will get no cut. There was 10% of cut for pensions estimated.
    2) 30bn Dept is of GO Bonds, COFINA, PRIFA, Highway and industries. This are in talks with goverment and will get two new bond for each bond (include Growth-Bonds).
    3) All other state owned companies bond will get big losses up to 100%. They have 40bn in debt.
    At first they think about -15% cuts, but now they knew it is deeper. But AMBAC is not in this big losses. The conference building bond is already backed by the reseves from ambac. No danger!

    This is why INSIDERS BUY AMBAC.

    Claude Leblanc Acquires 20,000 Shares of Ambac Financial Group, Inc. (AMBC) Stock
    Ambac Financial Group, Inc. (NASDAQ:AMBC) CEO Claude Leblanc bought 20,000 shares of the business’s stock in a transaction on Friday, March 17th. The shares were acquired at an average price of $19.55 per share, with a total value of $391,000.00. Fol
    baseballnewssource.com
  • http://yugestocks.com/?s=AMBC has an alert for $AMBC. Did anyone happen to see it as well? Looking for some good positive information from the company! Terman's law: there is no direct relationship between the quality of an educational program and its cost. Day trading trading stocks.

    Yuge Stocks: Trading Stocks and Making Money
    Stock alerts from the Yuge Stocks. Stock trading, making money and always looking for the next big money maker.
    yugestocks.com
  • AMBAC and JP Morgan going head to head in the courts...its not going well for JPM regarding ballanyne insured by AMBAC UK...You wonder why AMBAC is even trading at this ridiculous levels

    http://seekingalpha.com/article/4057695-jpmorgan-settle-ambac-case-lose-billions

    JPMorgan: Settle The Ambac Case Or Lose Billions (Again)
    2 cases from the mortgage crisis against JPM are now in trial. Pre-trial hearings went very badly for JPM and it is behind the eight-ball. The stock is being we
    seekingalpha.com
  • T0pMarketGaIners.c0m is one of the best “alerts” services I have found. Just sign up and watch from the sidelines, you will see!
  • CEO said they are in conversation to leave the rehabilitation. This conclusion will increase the VALUE of AMBAC ~$100, because everything is already been paid and the can earn the profits (~$800 million/YEAR) directly.
  • At these levels anything seems possible with AMBC. analyst mean target price has just hit the neutral territory of 20.00 which means both upside and downside risk are in play. I started receiving notifications from awesomeSTO-CKS the other week and so far they have presented interesting new trade ideas.
  • T0pMarketGaIners.c0m is one of the best “alerts” services I have found. Just sign up and watch from the sidelines, you will see!
  • Just got another double-digit gainer from ---> T0pMarketGaIners.c0m