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More on American Capital (ACAS): After tax NOI of $0.58/share benefiting from change in...

More on American Capital (ACAS): After tax NOI of $0.58/share benefiting from change in treatment of preferred stock dividends. 9.1M shares repurchased at average price of $9.34 - 9% of float has been bought back over last year, increasing NAV by $0.65/share (NAV up 26% Y/Y). Total investments -12% Y/Y. Shares +0.9% AH. (PR)
Comments (2)
  • johnsuddarth
    , contributor
    Comment (1) | Send Message
     
    Nice to see ACAS' management's long term view really paying off in results. The market will eventually wake up and notice as well.
    1 Aug 2012, 03:43 AM Reply Like
  • A Newell
    , contributor
    Comments (484) | Send Message
     
    Is there a reason that this stock cannot trade at it's NAV? Why would the market not buy this stock unless it simply does not believe what it's seeing. I guess it was soiled by the bank financing issues. I will hold and hold and hold. Long ACAS.
    1 Aug 2012, 11:45 AM Reply Like
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