GREY:ALARF - Post by User
Comment by
righand2on Oct 13, 2016 7:52pm
202 Views
Post# 25341777
RE:RE:RE:RE:RE:Nothing is working
RE:RE:RE:RE:RE:Nothing is workingferret_ca wrote:
I think s/p drop is overdone and have added to my position today, however, i will say that it will most probably take a quarter or 2 of decent results and or a resolution of the kmh situation to turn market sentiment positive i expect the next quarter to be decent and guidance to be reasonably good going forward. I doubt the divy will be cut unless more investments go bad.
a reduction to the KMH units of $7 million CAD due to aforementioned negotiations on the pending redemption; a reduction to the SCR Mining and Tunneling, LP ("SCR") units of $2.5 million CAD due to reduced expectations for distributions over the next twelve months; and a reduction to the Kimco units of $3.8 million USD due to a reduced expectations for distributions over the next twelve months.