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 Alesco Financial Inc.  (AFN) Trade Now »     Rate AFN  -  Discuss AFN  -  Add to Watch List         Graphic_subscribe

       Sector: Services  >  Industry: Real Estate Operations
This is a micro-cap stock and may be a target of manipulation. Always do your research!

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** v.s. other stocks 		This Quarter's Sentiment:
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AFN Analysis & Videos »


AFN: Bull or Bear?

Alesco Financial: REIT Selling For Less Than Cash On Hand Graphic_rating_buy AFN
-71.01%
in 146 days

Alesco Financial (AFN) is among the Specialty REITs that have been significantly affected by the disruption in the credit markets. The company was formed as a result of the merger between Alesco Inc. and Sunset Resources in late 2006, and evolved in 2007 as an investment vehicle for CDO pioneer Cohen & Company to invest in a hybrid type of debt instrument called a Trust Preferred (TruPS) issued primarily to medium size banks and insurance companies. The company also has a business that provides commercial loans to mid market companies in 34 industries and a business that generates income f

...
By  Brian King   (-74.32%  risk: aggressive)  07/11/08 Comment


Blow the taps AFN
Jpeg_sun4agk
51%
 -47.71%
in 65 days
(closed on 09/14/08)
I am selling my AFN after they declared "no dividend." However before the sale, which I will use as a tax write off, I am also purchasing more AFN at this new low price before I sell off original shares. Why? AFN as I warned, was a small high risk part of my portfolio. I need the write off but still am willing to risk a small amount on a five year window. Risk is the name of the game.
By  Locationh   (-6.53%  risk: conservative)  07/11/08 Comment


Turn Around time Graphic_rating_buy AFN
Jpeg_sun4agk
51%
 -39.53%
in 24 days
(closed on 07/11/08)
It will be coming up on a year since I first added AFN to my portfolio. Despite a very negative market and AFN cutting her dividend she keeps pushing along. Investors are slowly starting to come back in and I finally feel more comfortable about her future. June 20 08 is x div. and I will be looking at picking up more shares. As the realestate market come out from under her cloud AFN will take off.
By  Locationh   (-6.53%  risk: conservative)  06/17/08 Comment


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Alesco Financial: Gem in the Garbage Pile Graphic_rating_buy AFN
-84.53%
in 232 days

Alesco Financial (AFN) reports earnings on May 6.<!--more--> As a REIT it has gotten no respect from Mister Market for quite awhile despite very good performance. Basically it is a case of a story that sounds too good to be true, but in my opinion is in fact true.

Management has guided for a dividend this year of 25 to 30 cents a quarter. There is no reason to think they will not make it. A 25 cent dividend for Q1 has already been paid. At yesterday's price of 2.76 a share, 25 cents a quarter would be 36 percent for the year. Most investors look at a dividend like this and see a company

...
By  Roger C. Wren   (-83.86%  risk: aggressive)  04/16/08 Comment


Risky with reward Graphic_rating_buy AFN
Jpeg_sun4agk
51%
 +10.00%
in 98 days
(closed on 05/03/08)
I picked up AFN at 5.85 back in August 07 and rode her down. with two dividend payments and adding more shares at 3.66 my cost basis is now 4.11. She currently PO 37.60% and there is talk of a cut in dividend. Still far above what MM pays out. I have decided to sell CC on her. The market supported AFN just above three. A great buy at this price but only a portion of your portfolio. If I am called out I am still a winner.
By  Locationh   (-6.53%  risk: conservative)  01/26/08 Comment


30+% Graphic_rating_buy AFN
Jpeg_sun4agk
51%
 -7.86%
in 35 days
(closed on 01/26/08)
Despite the "sub prime scare AFN is still kicking and declared her fourth quarter dividend. As I stated earlier I picked up more shares. 50% IRA 50% for trading. Rumor is she may drop her dividend to 1.00 in 08. Who cares. At todays price it is still more then a Money Market account pays with a strong potential for a rise in price.
By  Locationh   (-6.53%  risk: conservative)  12/22/07 Comment


AFN Maintains 3rd Quarter Div. Graphic_rating_buy AFN
Jpeg_sun4agk
51%
 -7.84%
in 27 days
(closed on 10/07/07)
Monday September 10, 4:38 pm ET PHILADELPHIA, Sept. 10 /PRNewswire-FirstCall/ -- Alesco Financial Inc. (NYSE: AFN - News), a specialty finance real estate investment trust, today announced that the Company's Board of Directors has declared a cash dividend for the quarter ending September 30, 2007 of $0.31 per common share, the same dividend amount paid for the quarter ended June 30, 2007. The dividend will be payable on October 1, 2007 to shareholders of record as of the close of business on September 21, 2007. The ex-dividend date is September 19, 2007. James McEntee, President and C...
By  Locationh   (-6.53%  risk: conservative)  09/10/07 Comment


Growth/Dividend Graphic_rating_buy AFN
Jpeg_sun4agk
51%
 +6.30%
in 8 days
(closed on 09/10/07)
AFN is one of hte few ivestment funds witha portfolio that will shine once the sub prime nightmare is gone. Risky? We will find out September 4th is my understanding. Major buy back and insider buying. Current dividend 21%
By  Locationh   (-6.53%  risk: conservative)  09/02/07 Comment


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12% + dividend, specialty finance REIT Graphic_rating_buy AFN
 1 %
 -95.52%
in 542 days
Specialty finance REIT's may be inappropriately tarnished by the sub-prime lending meltdown and concerns about residential real estate.

In May 2007, AFN sold $115 million aggregate principal amount of 7.625% contingent convertible senior notes and announced it will repurchase $32.1 million of its common stock at $9.55 per share.  Current price is now about 4% above that buyback price, still yielding over 12% dividend yield.
By  Yomain   (-53.94%  risk: conservative)  06/11/07 Comment





People Bullish on AFN

Statistician
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about 15 hours ago

Art
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about 22 hours ago

suicideking1
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4 mos ago

Brian King
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4 mos ago

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5 mos ago


People Bearish on AFN

ROCK-STAR INVESTORS
Rank Name Sharpe Ratio Avg Return Followers
1 noshoes 19.61 +43.19% 175
2 Gerald Greene 18.26 +42.29% 57
3 krprasad 16.35 +17.71% 7
4 The Big Bear 14.95 +39.54% 212
5 akiralegrand 13.77 +16.71% 40


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