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irishintelligence

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irishintelligence

Re: None

Wednesday, 08/15/2018 11:57:25 AM

Wednesday, August 15, 2018 11:57:25 AM

Post# of 11618
Wow. Strong day.

Yes, the adjusted book value per common share dropped to $4.93. After the dust settles with whatever is remaining we probably have $6.00 per share not including NOLs.

This $6.00 per share is VERY different. We shed $13 Billion in risk! The remaining risk has only upside! We are in an incredibly good spot now, and short of an unforeseen macroeconomic event, it is only up from here.

Some of us have been around Syncora since the days of XL Capital. We are sitting on the most stable $6.00 per share in the history of Syncora. Think about that. In the history of Syncora. It is a true statement.

Management wants that bonus. $4.50 per share is coming before December 2019. Buy and buy more.


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