Replies to post #108825 on Savvy Trades and Investments

[larrybaz]

AMS - Supposedly it is going to be accretive:

Ray Stachowiak, Executive Chairman of ASHS, commented, “This is a milestone agreement for our Company that, upon closing, would expand our footprint of owned and operated radiation oncology centers into the U.S. If consummated, the transaction would add three new revenue streams that we expect would be accretive to our base, and we believe, is an effective use of our capital. Most importantly, our ownership would preserve the offering of radiation therapy services at the Landmark, Roger Williams and Maddock Centers and will ensure that patients have continued access to high quality radiation therapy both for those under treatment today, and for those who will require treatment in the future.”

A lot of times these acquisitions out of a bankruptcy proceeding end up being pretty sweet. Hopefully this will bump up their revenues and bottom line.

I agree, their earnings lately haven't been anything to write home about. Tangible book value is $3.31 a share.