Replies to post #23942 on AbitibiBowater, Inc. (fka ABWTQ)

[famous]

come on judge carey, show us the money!!!!

[KFC44]

On Newsprint Valuation

Maybe this will help you with the newsprint analysis (in addition to what you will talk about on the 23rd.

Note: this is your ball game -- bonds -- newsprint and other on lumber and Carbon Credits?

As Blackstone and other lawyers have argued -- ABWTQ has used the most recent information that is available in the marketplace. We know this not to be true.

http://www.tembec.com/public/Investisseurs/Presentations/presentationParagraphs/00/presentationFile_en/Investor%20Presentation%20August%202010.pdf

The above presentation came out around the same time period as ABWTQ second amended plan.

Tembec states in their most quarterly report conference call that Newsprint Pricing is heading higher for a variety of reasons.

We know that in their August presentation to Large Investors, including Hedge Funds that Newsprint Pricing is heading much higher in 2011 and 2012. So (imo) ABWTQ has a lot to answer for.

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On the naked shorting issue: you guys will all have decisions to make about whether you sell or not (upon a judge's order of cancellation).

My broker has admitted that on the days that I purchased the shares there was illegal activity (SEC reports and other) and that they would reluctantly provide me with an aff. (saying so), which can be used in future years. They have also said that they may open up their trading book on the issue (if legally required) in future years.

Deloitte Consulting L.P. has admitted in writing that two OSC laws were broken on this stock. And now new insider trading stuff from the SEC.

There is much more information -- guys like Pierre Choquette that joined the Board for a short period of time may also find themselves in hot water. Again -- the issue really comes down to disclose -- the BK is just a complication.

[emailjanum]

My Finding of Facts and Conclusion of Law: It is generally known that price of shares of comparable companies include a discount from the enterprise value of the company as whole. There is no control premium given in calculating total enterprise value (TEV) of the Debtor. The minority discount inherent in the trading prices of the comparable companies must be reserved by applying a control premium to the equity component of the valuation. The 30% control premium must be added to the TEV.