Alaris Royalty Corp ALARF

Q3 Results After Market

[Aggirl7]

I think there are a few things that could happen to drive the share price higher after results (aside from announcing a new investment):

- The writedown of SM is correctly excluded from Adj EPS given it's a one-time, non-cash charge
- Alaris reiterates how immaterial SM is to its overall value (2% of cash flow)
- Alaris has received or will receive a cash pymt >$5M from SM as a result of cash arbitration
- There are no negative updates on any of its investments (a +ve update would be even better)
- Adj EPS is in-line with consensus (a beat would be even better)
- BONUS - Alaris raises its dividend

[jjeerryy]

Aggirl7, properly posted. Thank you very much.   I personally think the bashers wanting cheaper shares have beat the SP down much too low. It will return after the financials are released this evening.

[scarface9]

looks like they wrote down $41 million for SM also payout ratio @ 95%

[Strohs16]

Initial guess is............. down day tomorrow at the open. Not a pretty 9 month comparable. I only hold a small position, which I've had for a year or so, just looking to break even, get out, and put my money elsewhere. Guessing I will have to wait a little longer to break-even after this news release. Any other thoughts out there? glta

[BSdetector2016]

If history is any guide Alaris will be subjected to yet another psychotic sell-off at the open. IMO we'll be sitting at $18 and change by the end of the day.

[BSdetector2016]

It behaved as predicted.

[maypeters]

they need to say that they have bought preferred shares in a weed company. at should be enough for a double. /sarc It is amazing that the stock can drop on the same news multiple times. Not normal at all.  This stock is a perfect example of how the market runs. Companies that have no revenue have massive multiples and this one is traing pretty cheap. 

[jjeerryy]

My thoughts? Don't put your shares on the bid just yet. I think you may be very wrong.

[babedinkleman]

This post has been removed in accordance with Community Policy

[osman3500]

An ER with no positive surprises but with all the expected bad known news/writedowns. Anything can happen but expect bad reaction tomorrow. They have the next few months to announce something positive. 7 positive and 2 negative exits is not something to boast about but I guess the management prefers to look back when there is not much to look forward to?

[babedinkleman]

This post has been removed in accordance with Community Policy

[nedstar71]

Glad they wrote it all off. Death by a thousand cuts (negative updates) was getting old. Already priced in imo, but this is Alaris so trade away and above all have fun !

[smithgee]

I agree ... get these one time writes out of the way and the next quarters will look a lot better. I have a bit of cash to add to my dividend positions, so perhaps if their is some retail panic selling tomorrow I will have a chance to deploy it here.