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Altus Group Ltd T.AIF

Alternate Symbol(s):  ASGTF

Altus Group Limited is a Canada-based provider of asset and fund intelligence for commercial real estate. The Company delivers intelligence as a service to its global client base through a connected platform of technology, advanced analytics, and advisory services. Its capabilities help commercial real estate investors, developers, proprietors, lenders, and advisors manage risks and improve performance returns throughout the asset and fund lifecycle. Its Analytics segment offers a portfolio, which includes software, data analytics, market data, valuation management solutions and technology consulting services. Its Appraisals and Development Advisory segment’s portfolio includes expert services in the areas of commercial property valuation appraisals and commercial development advisory. Its Property Tax segment helps clients proactively manage expense and their complex appeal processes through its technology-enabled services and software to help them minimize the tax burden.


TSX:AIF - Post by User

Bullboard Posts
Post by pumpbusteron Apr 14, 2011 7:01pm
836 Views
Post# 18433952

guys....

guys.......in retrospect I think the dividend cut was inevitable considering the dwindling revenues. Hopefully this gets the cash flow up and if I read between the lines correctly, they intend to do some re-evaluation as per the last release:

"Following the completion of the acquisition, Altus will also undertake a review of the on-going strategic fit of its various business lines and may elect to divest selected non-strategic operations."

So I'm guess we might see a little tweaking of the company as time goes on.
Bullboard Posts