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Banca I.F.I.S Spa BNCIF

Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan portfolio is from government and public administration, whereas two-thirds are from the private sector. The gro


GREY:BNCIF - Post by User

Comment by newsimon1707on Jun 28, 2017 10:32am
86 Views
Post# 26413452

RE:RE:The CEO of FCC said on TV they played CSK shareholders!

RE:RE:The CEO of FCC said on TV they played CSK shareholders!2 possibilities...

it opens at 0,56$ like you say.... or they boost the evaluation of FCC and cobalt one compare to the valuation of CSK...  by doing that, you dillute the shares of CSK investors receives in the final company....  

According to market cao, we should be representing 16% of the new company...  according to the value they used in the first merger aggreement between FCC and Cobalt one, we should be representing 20% if you use FCC's value...  Tells you they boosted FCC's value compare to Cobalt one's market value...  in the deal...  and they will reduce our real value in the new company compare to what we really represent...

The CEO of FCC did a HUGE MISTAKE by stating publicly we will represent 10% of a 120 million market cap...  if they are giving us 17 millions for CSK, we should have the same value in market cap in the new company...but it's notvthe case!

he told you...  guys, we are buying you for 17 million...  but you will represent 12 in the new company....  it's like if every shareholders of CSK would sell all their shares the first day and eveybody can unload ar a fix price....  we would all be getting together 12 million.... shouldn't we be getting 17???

And strangely...  the price we are trading now...  with someone obviously in the secret that keeps selling and selling....  that price they are selling at...  0,14$ X 86 million shares out of CSK gives you exactly 12,040,000$!!!    Strange don't you think???  This deal is done at 0,14$...  they mask it to give you the impression it was at 0,20$...  but it's really at 0,14$ and CEO went public on BNN to telk you that!  So maybe you don't want to believe me...  but numbers are there...  and he even said it!

now, would you accept the desk at 0,14$$???  Probably not!  But this is the deal you will vote on!  You just got played by people that manipulated the SP to make it look different...  to present it to tou differently!

I assume we see new posters starting to bash me...  but will they bring numbers to the table saying I am wrong??

remember what the CEO said...  you will own 10% of a 120 million company...  you will get 0,14$ per shares at best... not 0,20$...
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