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.

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Traxion Sab De Cv Ord Shs > Tbp rewards shareholders

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Comment by Buster146on Sep 02, 2018 12:16am

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Post# 28553828

RE:RE:RE:Tbp rewards shareholders

No kidding.....

SnoopDawggyDawg wrote: What on earth are you talking about? Nothing you just said makes any sense. This is not money out of any shareholder's pocket. Tetra sold their Growpros advanced ACMPR license to Northbud for what amounts to 15.5 million shares of Northbud Farms. Rather than hold the shares for themselves, they decided to distribute these shares evenly among investors at a roughly 1:10 ratio. If you own 100,000 shares of TBP, then you will receive 10,000 shares of Northbud Farms as a "dividend in-kind". This has nothing to do with TBP's share price. I'm still baffled by how you came up with that absurd theory.

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.