Ambac: Releasable Liquidity And SOTP Analysis Reveals Upside Potential

akinbostanci Ambac (NYSE:AMBC) is a complex company with many activities, and we believe the market is failing to properly evaluate it. We think that comparing it with the only publicly listed “competitor” may be useful to shed some clarity over its financial guarantees business. MBIA Inc, indeed, recently paid a special dividend that was greater that its market cap, after the regulators allowed for the release of extra liquidity in their subsidiaries. Will this be the case for Ambac too? Let’s look clo ...