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 > Under valued

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Comment by SunsetGrillon Jan 08, 2019 3:17pm

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Post# 29202042

RE:RE:RE:RE:RE:RE:RE:RE:Under valued

Out today @ 17.49 on the small avg. down position i took in Dec. @ 16.50 as i mentioned earlier last week.

So Caph (or Dickey "I'll never post here again" Mouse" Seriously?? 80%. Put you pen to paper again. You think Mr Kings history is one of "if we get the money owing us" and IF "BCC does deploy there other 2/3 monies ". That is no way to run a royalty company that is flirting ever so close to 100% and he has never operated like that in the past. Also, they dont currently have a credit line for 150 million, not saying they cant get it but they dont have it. Thats allota ifs

I too think he should have waited; but I think he wanted to throw long term holders some of whom have seen a 50% capital erosion a bone. Dividened aristocrates and ETF's?? I highly doubt it by raising 1.75%

Happy to hold this long term and will trade around it if it hits below 16.75 again

Eagerly awaiting Dickie's response from EPCOT

Capharnaum wrote:

gvixid wrote: I think the market didn't like the div increase; management was trying to make a point, but it seems they should have waites until it was down around 80%, which is when King said he would raise the div.

I believe they raised the dividend for two reasons:

1- They wanted to stay on the dividend aristocrats list. Probably generates interest in the stock (and keeps it on the ETF?... I'm not certain)

2- Imo, they believe that the extra BCC contributions will both come in this year, along with some money back that's been written off, so with that and the resets they will likely sit around 80% payout. All that is probably "cooked in" their forecasts for next year which could have made the dividend increase an easy decision. Since they've added an average of $150M every year and all their biggest investments are recent (meaning they won't come out), they likely believe they can raise the dividend again at the end of 2019.

Imo, I would rather see the results before they raise the dividend, but I could understand wanting to stay on the dividend aristocrats list for "free" promotion, especially if they have elements cooked in that will lower the payout either way.