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Alaris Royalty Corp ALARF

"Alaris Royalty Corp is engaged in investing in operating entities. Its operations consist primarily of investments in private operating entities, typically in the form of preferred limited partnership interests, preferred interest in limited liability corporations in the United States, loans receivable, or long-term license and royalty arrangements."


GREY:ALARF - Post by User

Comment by pierrelebelon Jul 23, 2018 5:47pm
259 Views
Post# 28355583

RE:Q2 Looks good!

RE:Q2 Looks good!
All in all a pretty good quarter.  Based on the dividend yield, the shares should be trading at a higher price.

However,  let us be honest about the payout ratio.  Check the "outlook" message:

"Based on Alaris’ current agreements with its partners, the Corporation’s run rate revenues are estimated at $89.9 million. Total revenue from partners is expected to be $22.5 million in Q3 2018.  Annual general and administrative expenses are currently estimated at $9.5 million for 2018 and include all public company costs.

The Corporation’s Run Rate Payout Ratio is approximately 98%. The table below sets out our estimated Run Rate Payout Ratio alongside the after-tax impact of the potential improvements the Corporation is expecting in 2018."

I can live with 98%.  I wish it were lower but the facts are the facts.

Disclosure: my wife and I own 2,300 shares, acquired over the last two years.

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