Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Jul 01, 2020 11:45am
80 Views
Post# 31212237

RE:RE:RE:Hr. Suggestion

RE:RE:RE:Hr. SuggestionHarel1976,

You are valuing TEI shareholders equity at 14,500,000$CDN or 0.10$CDN.

''at price of 20p+ plus''

20p - 6p= 14p  accued value by the TEI acquisition

14p x 183,000,000 shares (I3e) = 26,620,000 GBP

26,620,000 GBP x 1.6917$CDN/GBP = 43,341,354$CDN = TEI value

43,341,354$CDN - 28,800,000$CDN (debt) = 14,541,354$CDN shareholders equity


14,541,354$CDN / 145,128,518 share = 0.10$CDN per TEI share

An increased of the I3e offer to 0.05$ per TEI share is a fair offer


<< Previous
Bullboard Posts
Next >>