Replies to post #4158 on Tronox Inc. (TROX)

[everett7]

"Assuming the USD 220m of EBITDA and a higher 6x multiple – a full turn discount to the 7x trading multiple on publicly traded competitors Huntsman and Rockwood Holdings – gets to a USD 1.32bn EV. That would preserve around USD 220m of value for shareholders, a premium to today’s USD 12.5m market cap."

[everett7]

"Assuming the USD 220m of EBITDA and a higher 6x multiple – a full turn discount to the 7x trading multiple on publicly traded competitors Huntsman and Rockwood Holdings – gets to a USD 1.32bn EV. That would preserve around USD 220m of value for shareholders, a premium to today’s USD 12.5m market cap."

[Eclipse70]

Thanks to Madclown and Newbster for posting this...

Not suprising that a bondholder would argue the points on shareholders , and their points of view.

Forget the fact that pricing is higher than ever, that demand is higher than ever, that new health benefits have been found, that expansion by 1/3rd in Australia plant, or that a higher PPS would be better for capital. Yup, they must be right that we are overselling what the company can potentially do over the next 2-3 years..... (can you all feel the sarcasm??)

I`m very happy with how the EC is handling things. A tiger with teeth hopefully. And I`m hoping that all will get to the table to fully commit to a fair plan by Sept 16th. Thats a month of negotiations that should be very interesting to hear.