Dorel Industries Ord Shs Class A T.DII.A

Value

[missionary]

Received US 735million or US $25.92/share just on this sale less dividend of $US12/share will leave value of US $13.91 from sale plus existing business which must be worth at least ??$10/share. When dust settles BV would have to be in the $25 to $30 range and yet will post div be around Cdn $12/share. Seems to be alot on the table here.

[Konaboy]

Scratching my head a bit too ... Trading off the taxed dividend (35%+) for the capital loss (25%) in itself is not much of a play on its own.  Plus a bunch of selling after div from these folks, hey, maybe the numbers fall different for them. I'm thinking it's positioned as a deep value play, but you will need to hold until they sell ... or recover. Supply chain could be completely