Post by
RTO on Nov 06, 2020 6:05am
All Debts Retired & Let The Dividends Begin!
Yes indeed $10.00 is a baseline target for the P/E multiple for a growth stock, but what will it be if they dividend $1.00 per share. At $10.00 that would be a 10% dividend which is much better than what you get in the bank!
Comment by
kingofbay@gmail.com on Nov 06, 2020 8:36am
They also have a massive amount of tax loss carryforwards due to the losses from discontinued ops. They wont be paying any taxes for a very long time. This is the perfect candidate for a privitization as there is no reason to be public for them as they dont need to raise any capital.
Comment by
WillisSan on Nov 06, 2020 9:05am
Is anyone able to post how much of a Tax Loss carryforward AHC has? Thanks
Comment by
Speedyg5344 on Nov 06, 2020 9:07am
What would privitization mean for shareholders
Comment by
RTO on Nov 06, 2020 2:00pm
Happy007, total tax loss carryforwards are available in note 11 of the annual report. They stood at $450,890,000 as at December 31, 2019. There are 73,724,896 shares outstanding or $6.24 per share.
Comment by
Ventoux on Nov 06, 2020 3:37pm
@RTO While I agree with the aggregate of total tax loss carryforwards you have illuminated for us, of that total $295,127,000 are capital losses. How will Apollo be able to utilize those against operating income? Non-capital loss carryforwards are $83,612,000 as at year end 2019 or $1.13 per share.