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bubba03

04/08/19 12:01 PM

#27102 RE: 3itg #27101

Specifics please.
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Matthew12321

04/08/19 12:04 PM

#27104 RE: 3itg #27101

Yea so my thinking here is straightforward - a dividednd would be great we can all recognize that. I agree with oyu there won't be any dividednd paid from LPI this year or likely next. Sure there is a chance down the road we get one. However the piece that some are missing is it almsot doesn't matter to us. Simply by having ther LPI asset listed on our balance sheet as a holding or investment will boost UCPA's assets insanely. Most big companies trade for minimum 1x rev. If we take a super conservative .5x rev valuation on LPI then that puts UCPA's stake in them to be worth = 400m to UCPA's market cap. Either way UCPA + stake in LPI puts UCPA fair value above .15 - .20 range and eaasily could see .50. All this is without a dividend. I don't think dividednd is likely. But I'm not banking on that at all.