Replies to post #8214 on Syncora Holdings Ltd. (fka SYCRF)

[DennyCrane550]

https://twitter.com/DennyCrane550/status/897449801977012224

Suppose ~$300m - $600m, who knows - many InfraFunds


Newest comp = Austin Toll Road $620-660m (Similar Rev ~$30m)


Syncora mgmt holds it at Salvage Value ($170m net) = so will be interesting to see how hot the Infrastructure deals/market is given anticipation of Trump $1T Infrastructure Spending-Stimulus Bill + all the new Infra funds (Saudis, Blackstone, GIP, Brookfield, etc )

Seeking Alpha Pro article from Constructive Capital estimated $405m




To be conservative - lets mark down $250-350m

Also, as noted still have MacQuarie Case in the hopper as well.