We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Regency Affiliates Inc (PK) | USOTC:RAFI | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 4.48 | 3.89 | 47.40 | 0.00 | 21:25:52 |
NEW YORK, Sept. 3, 2014 /PRNewswire/ -- Regency Affiliates, Inc. (OTC-PINK: RAFI) ("Regency") today announced the release of its financial statements for the first quarter of 2014.
Management Comments
"We are pleased with the consistency and financial strength of our investments," commented Laurence Levy, Chairman and Chief Executive of Regency. "Further, we anticipate that the consistent cash flow and asset growth we have seen in the recent past should continue in the future. Although we initiated a quarterly cash dividend in 2013, our financial position continues to strengthen and this trend should enable us to increase our dividend in the near future."
"We are continuing to review and evaluate further investment opportunities for Regency, and intend to grow the company by investing in other attractive long term assets that meet our business characteristics and valuation criteria. Our cash resources and value per share continue to grow based on our existing investments."
About Regency Affiliates
Regency Affiliates, Inc. invests in assets that generate attractive, predictable and sustainable returns on capital. We currently own two assets:
Forward-Looking Statements
This press release contains forward-looking statements. Forward-looking statements are statements that are predictive in nature or depend on or refer to future events and can be identified by the words "may," "might," "will," "should," "anticipate," "believe," "expect," "intend," "estimate," "hope," or similar expressions. Forward-looking statements are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy or are otherwise beyond our control and some of which might not even be anticipated. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they are made. Future events and actual results, affecting our strategic plan as well as our financial position, results of operations and cash flows, could differ materially from those described in or contemplated by the forward-looking statements. Important factors that contribute to such risks include, but are not limited to, the effect of the economic downturn in our markets; a default or catastrophe involving the properties in which we invest, our ability to use tax loss and credit carryforwards or changes in amounts allocated to us from our Security Land investment for tax purposes and competition for business opportunities. We undertake no obligation to update or revise any forward looking statement, whether as a result of new information, future events or otherwise.
For a more detailed description of these uncertainties and other factors, please see the Regency website at www.regencyaffiliates.com.
SOURCE Regency Affiliates, Inc.
Copyright 2014 PR Newswire
1 Year Regency Affiliates (PK) Chart |
1 Month Regency Affiliates (PK) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions