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Bullboard - Stock Discussion Forum Integrated Asset Management Corp ITGQF

"Integrated Asset Management Corp (IAM) is a Canada-based alternative asset management company. It offers various alternative strategies in real estate, private debt, and infrastructure debt. IAM private debt manages portfolios of investment and grades senior secured and fixed term loans. IAM real estate includes discretionary funds investment in industrial properties, portfolios of property... see more

GREY:ITGQF - Post Discussion

Integrated Asset Management Corp > Cashed out at $1.15 moving on
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Post by fatcharlie on Aug 07, 2015 9:53am

Cashed out at $1.15 moving on

Financials just were not strong enough for me to stick around and I was hoping there would be a shift towards semi-annual or quarterly dividends rather than once a year.  I don't see much movement in IAM for the next six months and it was not worth me sticking around for the dividend.  I ended up with a nice profit from my 90 cent average so no complaints.  Time to move on for me but good luck to the longs.
Comment by Method on Aug 07, 2015 10:32am
Hopefully you can get back in at the size you want in six months! Is that also you offering BEK.B? :)
Comment by fatcharlie on Aug 13, 2015 9:49am
Hi Method, nope I am riding BEK till it wraps up.  Still no news but I am expecting something in the early Fall.  All the best.
Comment by Method on Aug 13, 2015 1:27pm
I was just kidding around on the BEK.B.  I sold some IAM too at 1.15 but not enough liquidity for me to sell a lot of my position but I have bought some back under 1.04 (post-dividend basis). I think for IAM, this quote was key: John Robertson, President and Chief Executive Officer, said "We are extremely excited about the progress the Private Debt Group is making in raising the 5th ...more