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Northstar Signs MOU to Mine High Grade Zone 2 at Cam Copper Mine (click to learn more)
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Old PSG Wind-Down Ltd PSGLQ

Consumer Cyclical Leisure
"Old PSG Wind-down Ltd designs, develops, manufactures and sells performance sports equipment and related apparel for ice hockey and roller hockey, baseball and softball, lacrosse and soccer. Its brands include BAUER, VAPOR, SUPREME, and NEXUS."


GREY:PSGLQ - Post by User

Old PSG Wind-Down Ltd > Big investors want this cheap
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Post by MatthewZyon Aug 18, 2016 10:46am
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Post# 25154004

Big investors want this cheap

Big investors want this cheapNo opinion on where the stock goes guys but it appears there are a lot of big money investors that want PSG's assets and they don't want to pay for the shares.

This situation reminds me of when Carl Icahn tried to steal Las Vegas Sands (LVS).

If I owned PSG I would want to watch the debt covenants - see pages 25-26 in the MDA.
Consolidated Fixed Charge Coverage Ratio (min ratio 1.0) and Leverage Ratio.

CXR.to VRX.to and PSG - debt fuelled expansion gone bad.
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