TSXV:KUR.H - Post by User
Post by
lkcfanon Jan 18, 2009 9:27pm
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Post# 15712660
Re: appreciating the value of LOK shares
Re: appreciating the value of LOK sharesLong term shareholders:
I have been a long Look shareholder and quitely watching the events unfolding during last couple of years since the Look shares were reverse split and new shares were issued. I own in various accounts quite a lot of Look and UBS shares, as when I bought them I did my dd and was convinced this new look share will be worth quite a bit when the requirements of this spectrum is realized. Couple of years ago when I heard that Bell sort of quoted the value of look's asset to be in the range of couple of hundred millions, I laughed. Even couple of my friends thought the spectrum was useless. Well this is not true and recently what is going on I am again trying to convinced if my investment is worth as i thought when I bought.
So here is my question: All the investor in the know please write down the reasons they believe it is a not only a good but very good investment in the short term. I will start with the very few I know: of hand:
1. Value of spectrum is being realized now (due to shortcoming of the spectum (which is with B,R,T) at present)
2. Volume has been very small or none since long time: shows people are waiting and waiting for some positive news like an offer to buy the spectrum etc.
3. B,R, T wanted the Look to go bankupt so they can pick up the spectrum or other asset of look at a very cheap price. Their plan backfiring thus the share price is to rise sharply in time.
4. Telus realized the value and even quitely bought 6 millions shares of look
5. The way Look now has planned to sell its asset full or part is a classic way of increasing the shareholders value
All above will lead to a much higher share price. It is Just a matter of few weeks. It is not only my opinion but the fact.
Good Luck investors