Quinsam Capital Corp C.QCA

Great results for a dark time.

[Solexx1]

2019 results are impressive compared ot others in the sector. 

With a NAV of $29M we still have more than $32M in assets and are getting our dividend.  I'm happy. 

Cheers!

[PG-Baby]

Just because Roger tells you the NAV is $29M that doesn't make it so. Look at the MD&A, a lot of the privates he holds are zeros. Roger is like any other retail investor in his mom's basement.

[Solexx1]

Reality does not care what you think. Reporting rules are quite explicit for publically traded companies. Why are you here if don't understand the simlplest concepts? QCA assets are reported at a steep discount because of the rules. Your comment is ignorant.  

[mercedesman]

Lower of cost or market.  Accountants (especially auditors for public Companies) are an ultra conservative lot.   I'm inclined to believe the opposite to PG.  That some of the things that were forced to be valued as zero's, might actually turn out to be heros. This requires patience, but I don;t see the risk in collecting dividends from someting that is valued at 1/4