Alaris Royalty Corp ALARF

Industrials Conglomerates

"Alaris Royalty Corp is engaged in investing in operating entities. Its operations consist primarily of investments in private operating entities, typically in the form of preferred limited partnership interests, preferred interest in limited liability corporations in the United States, loans receivable, or long-term license and royalty arrangements."

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Alaris Royalty Corp > Writedown on Solowave

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Comment by TickerTwiton Oct 11, 2016 2:24pm

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Post# 25331671

RE:RE:Writedown on Solowave

I would compare the two on a cash-flow basis, not a yield equivalence. But I look at everything on a cash-flow basis.
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righand2 wrote:

daddyMac9 wrote: Given they were carrying Solowave at a fair value of $51.7M at June-16, and they just got $44.6M one would expect a writedown of $7.1M. Also they're selling units yielding say 15% and paying down debt costing ~5%, so until they announce another royalty partner their cash flow is significantly weakened.

I have to wonder how anyone could have thought this was a positive event. Lots of issues with this business model, it would appear.

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