OTCPK:TMBMF - Post by User
Post by
modulexon Feb 28, 2017 11:23am
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Post# 25905182
TEMBEC: TAKEOVER IS COMING SOON
TEMBEC: TAKEOVER IS COMING SOONfrom the penny stock it was roughly over a year ago to the slightly above $3 rise it achieved recently, tembec's stock will not appreciate further on its own, that is to $3.50, $4.00 and above, as many thinks. it is fairly basic to understand. with a debt of approximately $650M, a stock price at $3.00 (market cap of $300M), this represents $950M. tembec is a $1.2B company. giving a premium of 30% to the current $3.00/share price brings an asset value of slighly over $1B. Fairfax, the largest shareholder is making money on its investment at $2.25/share, but will have hold the stock for 2 years this coming june 2017. if tembec was a company much able to strive by itself the stock would be at this stage between $3.50-$4.00. Watch out for a takeover.