Letters by company

Lict Corporation

1 letter discussing LICT. Everything written about it on this site is on its ticker page.

Alluvial Capital Management Q4 2023 Letter to Limited Partners Alluvial Fund built a large position in Net Lease Office Properties, betting that asset sales and debt reduction will close the gap to liquidation value. The portfolio added MRC Global on expectations that pressure from Cornell Capital and activist Engine Capital will force a sale. It retained bank holdings, LICT and Seneca Foods, citing cheap valuations, buybacks and acquisition-driven earnings growth. Fourth Quarter 2023 NLOP $144MBFCC $328MFTLF $77M