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Aimia Inc T.AIM.PR.D


Primary Symbol: T.AIM Alternate Symbol(s):  T.AIM.PR.A | AIMFF | T.AIM.PR.C

Aimia Inc. is a diversified company. The Company operates through three segments: Bozzetto, Cortland International and Holdings. The Bozzetto segment is a provider of specialty sustainable chemicals, offering sustainable textile, water and dispersion chemical solutions with applications in several end-markets including the textile, home and personal care, plasterboard and agrochemical markets. The Cortland International segment consists of Tufropes and Cortland Industrial LLC (Cortland). Tufropes is a manufacturer of synthetic fiber ropes and netting solutions for maritime and other different industrial customers. Cortland is a designer, manufacturer, and supplier of technology advanced synthetic ropes, slings, and tethers to the aerospace & defense, marine, renewables, and other diversified industrial end markets. The Holdings segment includes investments in Clear Media Limited, Kognitiv, as well as minority investments in various public company securities and limited partnerships.


TSX:AIM - Post by User

Comment by Hadituptohereon Feb 10, 2022 5:37pm
269 Views
Post# 34418356

RE:RE:RE:WHATS GOING ON HERE !!!!

RE:RE:RE:WHATS GOING ON HERE !!!!

With exception to the preferred stock (which poses no liquidity strain on the company beyond its nominal interest and tax costs), this is a debtless pile of cash and assets. The proceeds from the PLM sale, together with its existing cash, is enough for management to easily grow this many times over if invested smartly. If it is handed out however, that job becomes much more difficult if not impossible. Using say $100,000,000C to buy back 15,000,000 shares for up to $7 would give you personally a 35% gain from current levels, which you would be free to sell into if you were concerned about "bag holding". That is at or less than fair value of their assets TODAY according to management and analysts, would be accretive on balance, and completely ignores the upside they would be able to produce with their other $350,000,000! 

 

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