bookie71 Posted July 1, 2019 Share Posted July 1, 2019 Be very careful as the Alaska economy is fragile as he-l. Link to comment Share on other sites More sharing options...
kab60 Posted July 2, 2019 Share Posted July 2, 2019 Yes, that is obviously a risk. Through the longet recession on record in Alaska they are however growing revenue. Just gutting the CEO and his crazy comp plus a refi should bring meaningfuk cost savings for an acquirer. Then there is probably opportunities in procurement and backoffice. Link to comment Share on other sites More sharing options...
bookie71 Posted July 2, 2019 Share Posted July 2, 2019 https://www.adn.com/alaska-news/education/2019/07/01/furlough-notices-are-going-out-to-2500-university-of-alaska-employees/ Link to comment Share on other sites More sharing options...
kab60 Posted November 3, 2020 Share Posted November 3, 2020 I'm surprised this hasn't moved after the CEO was booted and they announced a share buyback. Trades at a +10 pct. FCF yield, some 4,2xev/ebitda while growing revenue (managed by a terrible CEO who didn't even live in Alaska). I'm back in and would expect a sale. I'd expect a bigger co. could manage this better and cheaper and save interest on their debt. Here we go. Acquired at 3/share. https://seekingalpha.com/news/3630203-alaska-communications-skyrockets-after-announcing-agreement-to-be-acquired-macquarie-capital Link to comment Share on other sites More sharing options...
KJP Posted November 3, 2020 Share Posted November 3, 2020 I'm surprised this hasn't moved after the CEO was booted and they announced a share buyback. Trades at a +10 pct. FCF yield, some 4,2xev/ebitda while growing revenue (managed by a terrible CEO who didn't even live in Alaska). I'm back in and would expect a sale. I'd expect a bigger co. could manage this better and cheaper and save interest on their debt. Here we go. Acquired at 3/share. https://seekingalpha.com/news/3630203-alaska-communications-skyrockets-after-announcing-agreement-to-be-acquired-macquarie-capital Congrats on this. Good call. Link to comment Share on other sites More sharing options...
DeepSouth Posted November 3, 2020 Share Posted November 3, 2020 Trading a touch above offer, 30 days go shop to set up another potential CBB situation. 4.7X EBITDA is pretty low given growth here has been more similar to CBB than to FTR/CNSL/CTL Link to comment Share on other sites More sharing options...
Liberty Posted November 3, 2020 Share Posted November 3, 2020 https://yetanothervalueblog.com/2020/11/quickie-idea-alaska-communications-alsk.html Link to comment Share on other sites More sharing options...
bookie71 Posted November 4, 2020 Share Posted November 4, 2020 To go private https://www.adn.com/business-economy/2020/11/03/alaska-communications-systems-to-go-private-in-300-million-deal/?fbclid=IwAR1u9UjGniuhpq7A3uIzAHzhh-kO7o3v-8u5Ov4W1mG6Sf7CCKTUeySYy9Y Link to comment Share on other sites More sharing options...
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