Syncora Holdings Ltd. (fka SYCRF)

[InvestorPM]

But the big question is .......

What is the "Total Syncora Holdings Ltd. common shareholders’ deficit/surplus as of end of 2013 and end of Q1

As of the Dec 31/12 F/S for Syncora Holdings show that the common shareholders’ deficit was ($763) million as of Dec 31/11 and by Dec 31/12 it had dropped to only ($63).


During 2012 SGI had net income of just over $300 million and this year SGI net income was $391 million.

If you add in the $400 extra from JPM then net income would have been almost $800 million.


so my guess is that Syncora Holdings Ltd. common shareholders’ deficit/surplus as of end of 2013 should be no less than $600 million or roughly $9.75 per share