ICMB - Investcorp Credit Management: Great Investment Portfolio Combined With Shareholder Value Erosion
- ICMB is well positioned for further rate hikes with 91% of its portfolio being floating rate loans.
- The stock is fairly valued with constant new share issues and increasing interest expenses in the upcoming months.
- Do not be fooled by the 12.5% dividend yield because the company’s current dividend is not sustainable in the long term.
For further details see:
Investcorp Credit Management: Great Investment Portfolio Combined With Shareholder Value Erosion