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Prudent Capitalist

08/06/15 11:45 AM

#1985 RE: pappi #1984

Great Q out after the close yesterday. I really like the continuing share repurchases and planned continuance of authorized plan to buy back large amounts of stock at levels below 85% of current NAV, which continues to grow exponentially with the re-purchases of shares. of course, the spin-off and sale of American Capital Income is designed to lead to the payment of regular above-market dividends at some point. All great stuff!

Prudent Capitalist

11/05/15 3:25 PM

#1986 RE: pappi #1984

Another great Q out!! ACAS has excellent cash flow and is making enough $$$ to pay a dividend if the price ever recovers to the point that the divi makes sense, rather than buying back shares well below book value. Until then, I love the buyback plan and am fully in favor at buying back as many shares as possible at prices way below NAV.