American Capital Strategies, Ltd. (ACAS)

All Comments on ACAS

  • commenter
    wheretoinves
    t
    Aug 26 11:46 AM
    Re-examining My American Capital Strategies Position [view article]
    Davy -- What are your feelings since the Q2 conference call? It seems that NAV is substantially higher that the current share price and guidance on dividends has been reiterated. Reply
  • commenter
    Mayitoval
    Aug 26 09:09 AM
    Lehman Brothers Take-over: Implications for Financials [view article]
    Did you read "Finance for Dummies" and think you could just post an article on SA? Reply
  • commenter
    squashnut
    Aug 26 12:23 AM
    Lehman Brothers Take-over: Implications for Financials [view article]
    "but since these assets will be held to maturity, ACAS will get their money back."

    Wow. Unless they don't.
     Reply
  • commenter
    User 234133
    Aug 25 12:28 PM
    Lehman Brothers Take-over: Implications for Financials [view article]
    Just fluff - no analysis, something a 5th grader would provide for a school report. Reply
  • commenter
    sumosama
    Aug 25 11:40 AM
    Dynamite Drug Stock - Cramer's Lightning Round (8/21/08) [view article]
    If you look at Cramer as purely entertainment, he is great. Not sure I would trust his recommendations anymore.

    BTW, long WM...poorly run company which is why it went from 40 to 4. Now, a screaming trade!
    Reply
  • commenter
    Ishortyou
    Aug 25 05:59 AM
    Lehman Brothers Take-over: Implications for Financials [view article]
    CDO or any structured finance vehicle i.e. ABS-MBS price, is dictated by supply and demand, right now there is a glut in the market or oversupply of them due to uncertainty of how much toxic waste they contain, once those uncertainties clear up and the housing market recovers no doubt that the 0.22cents of a dollar will be 1.22 cents of a dollar. Reply
  • commenter
    omooc
    Aug 24 10:15 PM
    My Website
    Lehman Brothers Take-over: Implications for Financials [view article]
    When MER sold some of its CBOs at 22 cents per dollar, with 75% financed by MER, one commentator, over CNBC, said that the effective rate is actually 5.5 cents on the dollar -- I share this view. Reply
  • commenter
    JustChecking
    Aug 24 10:05 PM
    Lehman Brothers Take-over: Implications for Financials [view article]
    So, forgetting the boring acronyms for a second, is it safe to short most of the companies you mention? Is that what you're saying? Reply
  • commenter
    Big Al45
    Aug 24 06:40 PM
    Lehman Brothers Take-over: Implications for Financials [view article]
    The so called "peer group" does not provide a meaningful comparison . Lehman has very little in common with monoline insurers, Business Development Companies, and regional banks that don't have significant off balance sheet exposure. Their asset mix (and risk exposure) is considerably different than that of investment banks like Lehman.

    The comparators should be limited to other investment banks and the large money center banks (such as BAC, RY, DB, TD, UBS.)     Reply
  • commenter
    macroguy
    Aug 24 05:36 PM
    Lehman Brothers Take-over: Implications for Financials [view article]
    LFI = latest financial information? Agree with majority about difficulty of comparing apples and oranges and notions that no outsider (and very few insiders, if any) really knows the real values of the assets (i.e., book value). Reply
  • commenter
    William
    Feader
    Aug 24 05:09 PM
    Lehman Brothers Take-over: Implications for Financials [view article]
    The only thing I think the table shows is that the entire US financial system is mis-priced, not just Lehmans, but everything. Good luck. Reply
  • commenter
    jjason
    Aug 24 02:42 PM
    Lehman Brothers Take-over: Implications for Financials [view article]
    I don't know what LFI means either.

    I do know some helpful ratios and statistics like: book value, tangible book value, debt to equity, total debt to equity, return on assets, return on investment, gross margin, net margin, dividend yield, etc. They are all important to understand. All of this data must be taken into account...as well as the valuation of the underlying assets on the balance sheet and the liabilities before making an investment decision.

    I am only familiar with ACAS and I do believe Malon Wilkes when he said that FAS157 has resulted in the decrease in asset values and that without a market for these assets they are hard to value but since these assets will be held to maturity, ACAS will get their money back.

    I trust he is right. ACAS has a total debt to equity ratio of less than one and is selling for less than tangible book value ( ACAS has no goodwill or intangible assets on the balance sheet ).

    Long ACAS, no other positions, no short selling at all ( I think short selling should be made illegal ).     Reply
  • commenter
    Oldguy67
    Aug 24 02:07 PM
    Five Struggling Dividend Stocks I'm Still Bullish On [view article]
    nyka is the wrong chat room. APL, EEP,ETP,EPD,MMP,NS,PAA...
    TCLP,TPP,FGP,NRGY,KSP,... are
    all great income stocks. Been investing for 52 years, retired at 44.     Reply
  • commenter
    surgcare
    Aug 24 02:00 PM
    Lehman Brothers Take-over: Implications for Financials [view article]
    All this points out is that anyone who puts money into these institutions might as well go to a casino .At least you know your gambling . Reply
  • commenter
    Oldguy67
    Aug 24 01:53 PM
    The Top Dividend Paying ETFs and Stocks [view article]
    for Frank Li, Dividend stocks are a great way to make a
    living especially for those of us who are retired. I have been
    investing in dividend stocks for 52 years and have no regrets.
    I retired at 44 (23 years ago) and make a 6 figure income, which
    is really what you want and need when you retire.     Reply
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