GREY:LGLTF - Post by User
Post by
tarsandson Jun 03, 2015 12:37pm
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Post# 23793481
CHC Realty/ Loyalist Group
CHC Realty/ Loyalist GroupCHC has currently 800 beds for the students. These beds are in their buildings which are MORTGAGED too the HILT. And yet the company has a market cap of $18.5 million dollars.
They are trying to squeeze out of the market a equity deal for $92.5 million dollars so they can buy 2500 more beds actually its not buy its (MORTGAGE).
So with lets just use 500 beds Mortgaged to the hilt is worth a market cap of $18.5 million. How much is 16,000 beds MORTGAGED TO THE HILT WORTH?
tHAT IS what Fabrice used for what Loyalist brings as Students every year. Or very close to that.
Approx. 30 x 500 is 15,000.
30 x 18.5 million is $555 million. Nice spin off if you ask me!
Of course not all of them will use Loyalist"s housing.
But even a 1/10 of $555 is $55.5 million dollars. Divide that number by the floating shares and we have 31 cents of extra value.