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Bullboard - Stock Discussion Forum
Aimia Inc
T.AIM.PR.C
Primary Symbol:
T.AIM
Alternate Symbol(s):
T.AIM.PR.A
|
AIMFF
|
T.AIM.PR.D
Chemicals
Specialty Chemicals
Aimia Inc. is a diversified company. The Company operates through three segments: Bozzetto, Cortland International and Holdings. The Bozzetto segment is a provider of specialty sustainable chemicals, offering sustainable textile, water and dispersion chemical solutions with applications in several end-markets including the textile, home and personal care, plasterboard and agrochemical markets...
. The Cortland International segment consists of Tufropes and Cortland Industrial LLC (Cortland). Tufropes is a manufacturer of synthetic fiber ropes and netting solutions for maritime and other different industrial customers. Cortland is a designer, manufacturer, and supplier of technology advanced synthetic ropes, slings, and tethers to the aerospace & defense, marine, renewables, and other diversified industrial end markets. The Holdings segment includes investments in Clear Media Limited, Kognitiv, as well as minority investments in various public company securities and limited partnerships.
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Bullboard (TSX:AIM)
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(15)
•••
Malpeque2
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Comment by
Malpeque2
on Aug 12, 2022 4:03pm
RE:RE:Special AGM
I arrived recently when I saw it was a Ben Graham type Net net. Market Cap below Current Assets minus all liabilities. I would vote for a few new Directors, outside people to cut
...more
(5)
•••
AIMIATARD
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Comment by
AIMIATARD
on Aug 12, 2022 2:22pm
RE:Special AGM
Anything is better than the current situation. Literally, anything. So, yes.
(34)
•••
Commonguy
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Comment by
Commonguy
on Aug 12, 2022 1:50pm
RE:Special AGM
I agree , incompetence cannot be rewarded without some confidence in the board. I am on board with taking drastic action now before his situation gets away from us. The board mentions perhaps haing a
...more
(1)
•••
Hadituptohere
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Comment by
Hadituptohere
on Aug 12, 2022 1:06pm
RE:RE:RE:Bloated Kognitive Executive of 24 !!!!!!
I've tried my best to be respectful, patient, and attentive with fellow investors like yourself in these conversations, But you've been misquoting and misrepresenting my words often as a
...more
(3467)
•••
nozzpack
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Post by
nozzpack
on Aug 12, 2022 12:48pm
Special AGM
Only need 5 % to call a special AGM. The agenda will be to replace current incompetent management and replace with a much reduced management team. Second, we spin out the Investment Segment as
...more
(3467)
•••
nozzpack
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Post by
nozzpack
on Aug 12, 2022 12:39pm
Possible $0.55 Dividend to Commons
On March 30, 2022, Aimia announced its intent to allocate up to $75 million of the net proceeds towards a combination of opportunistic share buybacks and/or a tax-efficient special dividend to common
...more
(3467)
•••
nozzpack
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Post by
nozzpack
on Aug 12, 2022 12:37pm
Modest Dividend for Commons
On March 30, 2022, Aimia announced its intent to allocate up to $75 million of the net proceeds towards a combination of opportunistic share buybacks and/or a tax-efficient special dividend to common
...more
(15)
•••
Malpeque2
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Post by
Malpeque2
on Aug 12, 2022 11:32am
Trading for well Less than Cash and
Well Less than Current Assets............IF you don't want to do a company like AOI then lets just vote these people out in Special Meeting and Liquidate. AOI is operated by Majors. &
...more
(24)
•••
Konaboy
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Comment by
Konaboy
on Aug 12, 2022 10:53am
RE:RE:Bloated Kognitive Executive of 24 !!!!!!
But then AOI would land in the same sinkhole as everything else these guys touch. And I'm already way overallocated in O&G ;) That's why the market is not recognizing the cash on
...more
(15)
•••
Malpeque2
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Comment by
Malpeque2
on Aug 12, 2022 10:25am
RE:RE:Bloated Kognitive Executive of 24 !!!!!!
AOI $190M cash US. All liabilities $44M US. They own 50% of Prime. Prime is about 25,000 boe day net to AOI interest. Cash flowing about
...more
(15)
•••
Malpeque2
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Comment by
Malpeque2
on Aug 12, 2022 10:14am
RE:Bloated Kognitive Executive of 24 !!!!!!
We are trading below net net. That's why I am here. I see they are doing buybacks currently that is accreative. I think of this thing like Business Development
...more
(3467)
•••
nozzpack
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Post by
nozzpack
on Aug 12, 2022 9:57am
Bloated Kognitive Executive of 24 !!!!!!
Thats right. 13 members of the management team and 9 more on the BOD for a total of 24 paid executives. This for a business that has never been profitable, has zero growth for the last 3 years and
...more
(24)
•••
Konaboy
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Comment by
Konaboy
on Aug 12, 2022 9:56am
RE:KOGNITIV
At least Mittleman should be able to explain this business to his shareholders, versus whatever is going on behind Kog. That would be an improvement.
(15)
•••
Malpeque2
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Post by
Malpeque2
on Aug 12, 2022 9:46am
KOGNITIV
Looks like a real money Pit. It's kinda hard to lose that much Operating loss margin and EBITDA margin. I agree the Mittleman's are overpaid. Look to be
...more
(5)
•••
AIMIATARD
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Post by
AIMIATARD
on Aug 12, 2022 8:58am
No words
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