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Templeton Emerging Markets Income Fund T.TEI


Primary Symbol: TEI

Templeton Emerging Markets Income Fund (the Fund) is a closed-end management investment company. The Fund seeks high, current income, with a secondary goal of capital appreciation, by investing, under normal market conditions, at least 80% of its net assets in income-producing securities of sovereign or sovereign-related entities and private sector companies in emerging market countries. The Fund invests in bonds from emerging markets around the world to generate income for the Fund, seeking opportunities while monitoring changes in interest rates, currency exchange rates and credit risk. Its investment portfolio includes foreign government and agency securities, corporate bonds, convertible bonds, and short-term investments. Its markets are located in the Asia Pacific region, Eastern Europe, the Middle East, Central and South America and Africa. The Fund's investment manager is Franklin Advisers, Inc.


NYSE:TEI - Post by User

Comment by HRc60to65on Jun 19, 2020 9:32pm
63 Views
Post# 31171920

RE:RE:RE:Serious investors

RE:RE:RE:Serious investorsSorry Mikelee11, the offer is not shareholders here swapping their Toscana shares for around 7p. It is 0.0281 x 6 penny/100 x 1,70 $cdn/p = 0.00287$cdn per TEI share.  It is just over a 1/4 cdn cent per TEI share. 

TEI cash flow is a minimum of 500,000$ per Q = 0.00345$cdn per share
Without interest payment and without loan refund it is more than 2,000,000$cdn per Q or 0.014$cdn per Q or 0.055$cdn per year at a production rate of 1,000 boa per day.
A fair offer is over one years of profit for I3e or a minimum of 0.06$cdn per TEI share.

7 times is only  2 cdn cents per TEI share.

Getting 0 or BK, will give me 0.25$cdn of tax credit per TEI share for 5,300,000 shares.

I will vote yes to a fair offer of 0.3 share of I3e + in cash 0.03$cdn per TEI share.

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