Aimia Inc T.AIM

How Stupid are the Sheep

[nozzpack]

So, here we have a company with a book value of $805 million ...$9.50 per share..of which $ 750 million is in cash and investments..$8.75 per share..with  $500 million of that cash remaining after buying a strong cash flowing business ...$5.90 per share ...selling for $3.60.

I am buying whacks.

Cash by itself is always severely  discounted by the market as it does not earn a single cent, but invested with a nice ROI like todays acquisition , it will earn its keep and more .

So, keep dumping you sheep .
I still have plenty of cash..

[babedinkleman]

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[nozzpack]

So, our cash is inflation reduced by 10% each year. Yet, investing that cash in a business that can raise prices and/or cut costs to keep abreast with inflation is a bad deal. Gotcha,,

[babedinkleman]

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[snootchybootchy]

I don't think all the selling means this is a bad deal. It's likely many investors were holding because they thought the cash would be doled out as a special dividend and are now selling because it's apparent that's not going to happen. And not sure why people are concerned with the location of the business. Yes, it's possible India's financial reporting standards are not

[nozzpack]

Most of the action yesterday was the shorts massive wash trading the share price downwards so that they could cover. While doing so, they had their regular bashers doing their job posting usual misinformation. India ? One if the cheapest labor rates in the world in the midst of 70% of the worlds population . Thats hard to beat . Anyway, onwards and upwards ..

[AIMIAEnthusiast]

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