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Scully Royalty Ltd SRL

Scully Royalty Ltd, formerly MFC Bancorp Ltd, is a company principally revenue from its royalty interest in iron ore mine. The Company operates its business through three segments. The Royalty segment mainly holds the royalty interest on iron ore shipped from the mine. The Industrial segment mainly operates projects in resources and services assets, such as hydro-electric power plant, globally. The Merchant Banking segment mainly engages in the provision of financial services and consultancy services for corporations and institutions. The Company’s all other segment mainly involves in committing its own capital to investment business.


NYSE:SRL - Post by User

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  • Madharry1X
Comment by Madharry1on Sep 07, 2012 3:54am
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Post# 20329187

RE: About time

RE: About time

this is one of my top holdings. Mr. Smith has made a lot of money for his shareholders over the years. still under the latest book value of about $8.98. anyone interested should really listen to q&a of the latest conference call. Questioners have intimated that future book values should reach $17-20 based on the recent acquisitions in a few years. Based on Mr. Smiths track record I believe the value of the shares should be anywhere form 1.5x to 2x book so this is  a long term hold for me now only because of the amount i own relative to my portfolio.

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