Tuesday, November 29, 2016 10:13:49 PM
THIS is actually interesting!
Say we assume that the calculation in 10-Q is correct, then trw will make 94M in NI for 2017!
If we then make the spin until 1/1 -17 and give shareholders the 18% would not that be a really bad idea!!?
Say IPO won't happen until 1/1 -18 then Siaf should of course keep those shares and receive an "extra" 17M in NI for 2017! I can not imagine that this "minority interest" could be paid to us!? Or do you think that is why it is handled through a trustee?? If so it would be a rather nice divi to look forward to (70 cents or so :- )
Edit of course the shares in TRW is worth nothing to us before ipo'd, waste of money to give them to us.
So: Spin 1/1 2017 and no IPO before 1/1 2018
!
Say we assume that the calculation in 10-Q is correct, then trw will make 94M in NI for 2017!
If we then make the spin until 1/1 -17 and give shareholders the 18% would not that be a really bad idea!!?
Say IPO won't happen until 1/1 -18 then Siaf should of course keep those shares and receive an "extra" 17M in NI for 2017! I can not imagine that this "minority interest" could be paid to us!? Or do you think that is why it is handled through a trustee?? If so it would be a rather nice divi to look forward to (70 cents or so :- )
Edit of course the shares in TRW is worth nothing to us before ipo'd, waste of money to give them to us.
So: Spin 1/1 2017 and no IPO before 1/1 2018
! 
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