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irishintelligence

05/25/18 1:35 PM

#9349 RE: snowball12 #9348

"Synocra is underfollowed and misunderstood as the high degree of complexity and uncertainty keeps most investors away. Shares trade for $3.20 while adjusted book value per share exceeds $7. Including the potential value of Syncora's tax NOLs would increase adjusted book value per share to $10. As management continues to successfully wind down the insurance business while searching for a good use for their NOLs, we expect Syncora's share price to at least double or more."

https://seekingalpha.com/article/4176769-emerging-value-capital-management-q1-howard-hughes-sold-tesla-short-closed-new-long-positions