March
6, 2015
SpeculatingStocks.com Stock Pick: Alaska
Communications Systems Group Inc. (ALSK)
Stock Price: $1.78
Alaska Communications
Systems Group Inc. provides
integrated communications services to business and
consumer customers primarily in Alaska.
ALSK is a niche broadband play
with a statewide data and voice network all connected
via an undersea fiber optic system connecting Alaska
to the contiguous United States.
As of its latest fourth quarter
and year-end report, ALSK generated Q4 broadband
revenue of $17.5 million, up 8.3% from Q4 2013. The
company focused in on its broadband business by
selling its wireless operations. With this move, ALSK
improved their balance sheet with a cash increase of
$10 million. Debt was reduced by $241 million. This
shows ALSK's dedication to focusing their operations.
The sale of the company's
wireless assets triggered ALSK's gap higher move on
December 5th from $1.24 to as high as $2.05. The company
is well positioned to move forward and the management
team seems rejuvenated. ALSK has a 52-wk high of $2.31.
It may just be a matter of time before it climbs to new
52-wk high levels.
Speculative Score:
4
1 Being the Least Speculative and Most Confident
10 Being the Most Speculative and Possibly the Most Risky
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