Latest Forum Topics / PSC Corporation Last:0.335 +0.005 | Post Reply |
Will PSC Corp pays you 35 cents if it closes down?
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settowin
Veteran |
17-Feb-2012 16:00
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You're right.  PSC Corp reported profits annually and if you see the last report you find that their assets are growing yearly.  In addition the NTA has grown from 45 cents per share to 50 cents per share the last report. There was a default by some company  bond issuer that PSC Corp lend (issued with the bond) to, but they now agreed to accept the delay of redemption. So hopefully, this will materialize and no loss to the company.  If things are cleared up, the share can go back to 40 or 50 cents.
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Tomique
Master |
17-Feb-2012 13:17
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As a newbie I am quite puzzle when I read many company reports.  My question is will PSC Corp give  you back even 35 cents if say they closes down and worse  that the loan they gave could not be recovered?  The company has been reporting increasing net assets per share annually, but the share price is dismal or dismaying.  A couple of other counters I read about are most under performing in share prices despite yearly profits. Why har? |
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