Bullboard - Stock Discussion Forum Aimia Inc T.AIM

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

Chemicals Specialty Chemicals

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... see more

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TSX:AIM - Post Discussion

Aimia Inc > It's a CASH BOX.

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Post by Malpeque2 on Jan 13, 2023 6:07pm

It's a CASH BOX.

A money manager on BNN pumped it today on the Market Call show. $6 of Cash from the sale of the business. Very few liabilities other than the two issuances of the Preferred's with about $200M market value of these issuances. The existing portfolio of equities, both public and private is about $250M. I use a burn down value for possibly some losses of $200M. I get roughly $6.60 per share NAV. Mostly Ca$H.

I thought the best business to be in for the Management and BOD was the company liquidation business. Very little risk, big returns. Buyback stock at 3.50 to $4.00 per share, about 50-60% of NAV. Keep most of the cash in GIC's. Commercial Paper. Govt's, and Provincials, Muni's Treasuries, etc. etc. Ladder the maturities with the Buybacks, 10% NCIB per year. Play golf, Drink Beer, Watch Hockey, and make easy Money!! Do you think they did it?

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