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Traxion Sab De Cv Ord Shs GRPOF

Grupo Traxion SAB de CV is a Mexico-based company engaged in the transportation sector. The Company provides logistics services within eight business areas: Fright, including intermodal and multimodal services, door-to-door, national and cross-border distribution, among others; Integrated logistics, including logistics management, aerial and maritime services and custom transportation support services; Warehousing, including dedicated storage, shared warehouses, packing and value-added services, such as labeling and products assembly; Logistics systems, including software for logistics management; Passenger transportation, including transportation of personnel and students; Special services, including rental of bus and vans; Moving, including national and international moving services, and Advertising, including custom transportation services during marketing campaigns. The Company operates through a number of group companies.


PINL:GRPOF - Post by User

Comment by Buster146on Sep 01, 2018 5:22pm
200 Views
Post# 28553294

RE:RE:Tbp rewards shareholders

RE:RE:Tbp rewards shareholders
Why are you adj the tetra share?  If I have say 1000 shares of tetra on sept 6 I will still have 1000 shares  as long as I don’t sell and the value will be times sp that day close.  I will have 1000 times .1012 shares of NB as well in my account approx 101 shares times sp/market value which will obviously be a gift I never had before in my account.




GoTogether wrote:
... Carpenter58.
In this context I tend to disagree with your formulation of "reward" or "gift".
Strictly speaking, the dividend cannot really be called an earning, because it's money out of our own pockets.
 
Assume the TBP.V share price is CAD 1.10 on September 5 at the market close.
The dividend CAD 0.11 (0.1012 North Bud for every 1 Tetra Share) will be subtracted from the TBP share price on September 6 at the market open >  1.10 - 0.11 = CAD 0.99
 
Well, and to be precise, it's only a gift if North Bud shares are priced above the 15 cent mark.
CAD 0.11(dividend) x 1 / 0.75 (Tax) = around CAD 0.15
 
So, if North Bud shares are priced well above 15 cent longer-term, only then one could speak of a reward or gift, which is totally not out of the question. As we all know, gains are possible in this sector.

EOM.


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