Seeking Alpha
14 Sept 2026, 11:35 UTC · 7w ago
Dirt Cheap Income Opportunity, Generational Upside Potential, Yield +13%
Impact · against what's priced in
APLO is likely to see a positive re-rating as the successful liquidation of its portfolio at 99.7% of book value proves that market fears of credit impairments are excessive. This concrete evidence challenges the prevailing secondary market discounts and suggests the asset quality is far higher than currently priced.
- APLO+0.80
No priced-in read yet
- In context
The liquidation of the loan portfolio at 99.7% of book value demonstrates that the 40% discounts seen in secondary markets are an overestimation of actual credit impairments.
Read from the article alone
