Regarding my analysis on Zamano PLC, regulatory changes forced Zamano´s management to close down its business earlier than I anticipated. The recent sell-off drove shares down to a level where the companies (anticipated) distributable cash exceeds market value by a significant margin of safety. Nevertheless, this statement is provided on a stand-alone valuation based on…
Update: Alliance Resource Partners featured by „The Acquirer´s Multiple“
Regarding my coverage on Alliance Resource Partners (ARLP) from March 2016, I came across an interesting artice by Tobias Carlisle (famous value investor and book author) from „The Acquirer´s Multiple“. The article can be found here on Valuewalk.com and here on Carlisle´s webpage. The article shares a lot of ideas with my own research highlighting…