GREY:ALARF - Post by User
Comment by
gvixidon Jun 21, 2018 12:36pm
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Post# 28206431
RE:Back to where it was before the contribution news
RE:Back to where it was before the contribution newsI was just commenting on this same point to a friend yesterday. Alaris cannot hold any gains. On modest good news it spikes for a day or two, then drifts back to where it started. Obviously this indicates that the market still remains skeptical about the dividend, despite management assurances, and a balance sheet that is now healthier than it's been for over two years. I think the only thing that will get us out of this downtrend is a major (i.e. $50M +) contribution to a new partner. This will increase distributible cash significantly, and get the payout ratio under 90%. And let's hope that there are no more partner redemptions for at least 3-4 more quarters.