Alaris Royalty Corp ALARF

Industrials Conglomerates

"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."

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Alaris Royalty Corp > Treasure....

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Comment by Capharnaumon Apr 17, 2019 3:20pm

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Post# 29640092

RE:RE:Treasure....

Unfortunately, a new problem file (for cash distributions) combined with the under >1 coverage from a couple of investments will probably send back Alaris to the penalty box. I think they'll come through but share price could suffer from this and go back to the 15s.

In the Q4 CC, they said they knew that Providence had lost their biggest customer but it was planned that way (downplayed it). They certainly didn't make any mention about the distribution being shutdown for them. Then they should have announced it instead of putting it as a note for the shareholders meeting (or updated their presentation).

I'm a bit bummed about the way they've communicated this to shareholders. :(

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