Latest Forum Topics / W Corp | Post Reply |
Contel Corp
|
|||||
GorgeousOng
Elite |
22-Apr-2013 15:40
Yells: "Hehehaha...enjoy life n live to the fullest..." |
||||
x 0
x 0 Alert Admin |
Hahaaa...Tomique..this is so true...when I was studying in US in my campus many Chiness men said "找 一 个 有 钱 的 老 婆 可 以 少 奋 斗 十 年 "!! Do you understand Chinese ? If you don't hahaaaaa google yourself!🙊
|
||||
Useful To Me Not Useful To Me | |||||
chipchip66
Master |
22-Apr-2013 15:25
|
||||
x 0
x 0 Alert Admin |
so tomique, how much have u invested in this 2 love birds? | ||||
Useful To Me Not Useful To Me | |||||
|
|||||
Tomique
Master |
22-Apr-2013 15:25
|
||||
x 0
x 2 Alert Admin |
Shortists will be caught tomorrow!   Mark my word and don't ask question why.   You will have the answer tomorrow!   Hehehe.!! | ||||
Useful To Me Not Useful To Me | |||||
Tomique
Master |
22-Apr-2013 15:18
|
||||
x 0
x 0 Alert Admin |
Love is blind.   Hehehe. Having said that, the rich bride might become the spokesperson for the family after the marriage.   So it will be like the rich wife will after nuptial starts to lead the groom and pull him by the ears if he doesn't behave, hahaha!!  Indeed Yuuzoo should eventually become the spokesperson for the group.   Hehehe!! 
|
||||
Useful To Me Not Useful To Me | |||||
chipchip66
Master |
22-Apr-2013 15:13
|
||||
x 0
x 0 Alert Admin |
hahaha.. nice comparison. But why would high net-worth person want to marry someone not high net-worth? | ||||
Useful To Me Not Useful To Me | |||||
|
|||||
Tomique
Master |
22-Apr-2013 14:51
|
||||
x 0
x 1 Alert Admin |
One thing for sure is that if a man is poor and he marries a girl with high net worth, he automatically become a high net worth person, believe or not?   Will Contel be that man. Hehehe.  | ||||
Useful To Me Not Useful To Me | |||||
Tomique
Master |
22-Apr-2013 14:41
|
||||
x 0
x 0 Alert Admin |
The two current subsidiaries, one of which is the recent acquisition of Update Electronics in Shenzheng dealing with electronics components while the other subsidiary in North America is dealing with silicon.   I believe these two subs are profitable, so lets hope for the best.
|
||||
Useful To Me Not Useful To Me | |||||
chipchip66
Master |
22-Apr-2013 14:37
|
||||
x 0
x 0 Alert Admin |
looks like contel going to chiong now.. Not vested!! | ||||
Useful To Me Not Useful To Me | |||||
|
|||||
gelu2279
Member |
22-Apr-2013 14:33
|
||||
x 0
x 0 Alert Admin |
guys what does NTA means? Yuuzoo did not pay cash or physical assets for their shareholding of Contel The combined company will have ($582-$20M NTA) of GOODWILL on its balance sheet to reflect the acquisition. in other words self created value Already black & white write down on page 15, section 2.2 of the RTO propectus. The NTA per share post acquisition is 0.94 US cent wtf   |
||||
Useful To Me Not Useful To Me | |||||
chipchip66
Master |
22-Apr-2013 14:32
|
||||
x 0
x 0 Alert Admin |
Looks like Contel has got a better deal ? Before RTO its NTA is negative. After RTO, its NTA becomes positive. Wonder if my anlysis is correct. |
||||
Useful To Me Not Useful To Me | |||||
Tomique
Master |
22-Apr-2013 14:26
|
||||
x 0
x 1 Alert Admin |
Post RTO combined capital paid up of Contel will be $684.71 Million divided into 1.36942 billion shares of 50 cents each. The total issued shares of the 1.36942 billion shares are the resultant new consolidated shares. So any NTA of Yuuzoo will now be added to Contel's capital.   Yuuzoo is profitable, and the post rto will likely give all shareholders a piece of action in providing positive EPS and NTA of Contel shares. Furthermore the current subsidiaries of Contel is likely to yield positive results forward lookingly. Hehehe.  |
||||
Useful To Me Not Useful To Me | |||||
gelu2279
Member |
22-Apr-2013 14:24
|
||||
x 0
x 0 Alert Admin |
how does it matter? unless the post RTO NTA / share outstanding is wrong 
|
||||
Useful To Me Not Useful To Me | |||||
|
|||||
chipchip66
Master |
22-Apr-2013 14:22
|
||||
x 0
x 0 Alert Admin |
so with that means it is now trading 7.5x more than the RTO NTA if my calculation is correct. | ||||
Useful To Me Not Useful To Me | |||||
chipchip66
Master |
22-Apr-2013 14:16
|
||||
x 0
x 0 Alert Admin |
The NTA after the RTO is 0.94 US cents if i am not mistaken reading the agrrement. |
||||
Useful To Me Not Useful To Me | |||||
clickshop1628
Veteran |
22-Apr-2013 14:06
|
||||
x 0
x 0 Alert Admin |
No offence but I think you are wrong.  The 1.3bn shares is AFTER share consolidation of 5 to 1, meaning before consolidating, it is equivalent to 6.5bn shares so your NTA figure and EPS (if you calculate) must reflect this. In other words, you are not paying 8.9ct post RTO but 44.5cts.
|
||||
Useful To Me Not Useful To Me | |||||
chipchip66
Master |
22-Apr-2013 14:06
|
||||
x 0
x 0 Alert Admin |
Thanks Gelu, looks like you have done your homework already. Apreciate your precise summary. |
||||
Useful To Me Not Useful To Me | |||||
terencee
Master |
22-Apr-2013 13:50
Yells: "I don't entertain trolls." |
||||
x 0
x 0 Alert Admin |
My suggestion is to cut loss already. Waiting for 95 today or tml might not come at this point of time. BB is still pressing down price.    Don't think contel should run anytime soon today. But should at least close unchanged or 1 bid up.  
|
||||
Useful To Me Not Useful To Me | |||||
gelu2279
Member |
22-Apr-2013 13:46
|
||||
x 0
x 0 Alert Admin |
here's the deal. contel has negative NTA, shares are logically worthless. Yuuzoo is making circa $10M profit with $20M NTA. Yuuzoo shareholders will be issued 1.1B shares to get them to 85% shareholding. Note: you do NOT have to own 85% of a public company to control the board. So if 1.1B = 85%, total shareholding after RTO is 1.3B Now take $20M NTA / 1.3B shares. NAV / share = 1.5c per share  How much are you paying now? 10c per share So what value do you see in the partnership to make you pay 5x the book value?  Yuuzoo don't want to do IPO because its supposedly more time consuming and costly    |
||||
Useful To Me Not Useful To Me | |||||
chipchip66
Master |
22-Apr-2013 13:41
|
||||
x 0
x 0 Alert Admin |
i think pretty much game over for now by the BBs.They will push down the prices even more. | ||||
Useful To Me Not Useful To Me | |||||
chipchip66
Master |
22-Apr-2013 13:35
|
||||
x 0
x 0 Alert Admin |
just checked the NTA. its negative. How much profit is this Yuzoo making now? Please share if anyone has infos. Contel is buying yuzoo for SGD500 million plus? How much would the Contel shares worth after the share sale?Why Yuzoo wouldnt want to do IPO listing? Just wondering....sorry no time to do homework | ||||
Useful To Me Not Useful To Me |