Replies to post #53620 on Conversion Solutions Holdings (fka CSHD)

[lifegear]

advanced merry xmas then

[Ladeytrader]

yup 43.00 or higher is about right.....weeeeeeeeeeeeee

[Howzie]

I'm looking at $814.50. This company is worth almost as much as Berkshire.

Billions in assets, with no corresponding liabilities? BRILLIANT!

[mastaflash]

Thats what I figure too...hope find out soon...the wait is really killin' me!

[53chevy]

I believe you are correct in your analysis. RPH has committed to 2x book value:

UCC Funds $300M
Caracas Group Bond $500M
Lehman Bros Bond (A+) $579M ($450M Euro @ $1.287 USD exchange)
Finland Bond (AAA) $964M ($749M Euro @ $1.287 USD)

TOTAL $2343M
Authorized Shares ~111M
Outstanding Shares ~97M
Estimate Float ~26M
Book Value Assets/share $21.11
2X Reset price $42.22

Plus whatever else is in the 10K....... this should even make the former CVSU holders happy. Looks like they will get the $34 they wanted......and can you imagine the implications of the short squeeze?

I am...

[shavashava]

$50 is too round a figure - how about $49 or $51 pps reset?