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TVA Group Inc T.TVA.B

Alternate Symbol(s):  TVAGF

TVA Group Inc. is a Canada-based communications company. The Company operates through four segments: Broadcasting, Film Production & Audiovisual Services, Magazines and Production & Distribution. The Broadcasting segment, which includes the operations of TVA Network, specialty services, the marketing of digital products associated with the various televisual brands, and commercial production and custom publishing services. The Film Production & Audiovisual Services segment provides soundstage, mobile and production equipment rental services, as well as dubbing and described video, postproduction and virtual production services. The Magazines segment publishes magazines in various fields including the arts, entertainment, television, fashion and decorating, and markets digital products associated with various magazine brands. The Production & Distribution segment is engaged in producing and distributing television shows, movies and television series for the world market.


TSX:TVA.B - Post by User

Post by BLUEBERRY5on Mar 05, 2023 1:32pm
397 Views
Post# 35320038

EMAIL TO STEPHEN TAKACSY

EMAIL TO STEPHEN TAKACSY
Hello Stephen !
 
Thank you for your update, although several minority shareholders may not get to know that it was a proposed $4 figure initiated by LA PRESSE reporter.
 
My message to minority shareholders is :
 
DONT PANIC AT $4
 
Out of the $393M shareholders equity or $9.10/(class A and B shares combined), reported on latest Q4, class B shareholders equity stands at $354M.
 
There are 4,320,000 class A shares.  4,318,512 are owned by QMI and the remaining 1,488 owned by someone else.
 
So 4,320,000 class A shares X $9.10 = $39M
 
$393M minus $39.3M = $354M.
 
There are 38,885,883 class B shares.  QMI owns 64.86% or 25,220,852 shares, while minorities own 35.14% or 13,664,683 shares.
 
Therefore 13 664 683 "minorities" Class B shares X $9,10/per share (based on the total 43,205,535 TVA Group class A/B shares) referring to the $393M Q4 shareholders equity stated above, gives minority shareholders a portion $124.3M.  13 664 683 X $9.10/share = $124.3M
 
If you divide $124.3M by 2, just to slice the pie halfway, you get $62.15M
 
$62.15M divided by 13 664 683 "minorities" class B shares = $4.54/ share, "a very minimal decent price".
  
If QUEBECOR dares to steal a $4 deal, it will have been disloyal to minority shareholders by claiming for so many years of its committments to create shareholders value.  I strongly hope, for the sake of all minority shareholders, that some backlash will take place in pushing for a fair outcome should Quebecor offer a selfish $4.
 
I wont disturb you further, but if you happen to talk with investors or even the people at Quebecor/TVA, you may please tell them know of the above.
 
Sincerely,
 
Max Fisher
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