GREY:ALARF - Post by User
Comment by
pierrelebelon Jul 23, 2018 5:47pm
252 Views
Post# 28355583
RE:Q2 Looks good!
RE:Q2 Looks good! All in all a pretty good quarter. Based on the dividend yield, the shares should be trading at a higher price.
However, let us be honest about the payout ratio. Check the "outlook" message:
"Based on Alaris’ current agreements with its partners, the Corporation’s run rate revenues are estimated at $89.9 million. Total revenue from partners is expected to be $22.5 million in Q3 2018. Annual general and administrative expenses are currently estimated at $9.5 million for 2018 and include all public company costs.
The Corporation’s Run Rate Payout Ratio is approximately 98%. The table below sets out our estimated Run Rate Payout Ratio alongside the after-tax impact of the potential improvements the Corporation is expecting in 2018."
I can live with 98%. I wish it were lower but the facts are the facts.
Disclosure: my wife and I own 2,300 shares, acquired over the last two years.