GREY:ALARF - Post by User
Post by
graffiti99on Mar 29, 2018 6:17pm
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Post# 27805938
SM Group a big mistake - but Alaris should be fine
SM Group a big mistake - but Alaris should be fineI took a position in AD as I have been watching it a while. I like the management team at Alaris - good guys, seem very honest. 10% dividend seems safe and is sssswweeeeet!!! Payed monthly too.
I feel AD management is mostly pretty good at what they do, but they made a big mistake with SM Group. Big money injection that went completely bad. They compounded the error by following up and lending SM Group money - now this loan is at risk too. Im quite certain if they didn't have issue with SM Group, AD stock performance would be quite different.
Management says the long term goal is to diversify, so effects from errors like this will be minimized the closer Alaris gets to their diversification goal (no more than 10% of revenues from one partner). I would like more partners, smaller investments please and thank you.
I think time is now on Alaris side. Value is going to start to surface in pretty obvious fashion so it won't be long before the buying starts again.