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Bullboard - Stock Discussion Forum Banca I.F.I.S Spa BNCIF

Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan... see more

GREY:BNCIF - Post Discussion

Banca I.F.I.S Spa > Looks good for shareholders of both Companies
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Post by Incredible on Jun 23, 2017 2:51pm

Looks good for shareholders of both Companies

I only bought my CSK shares yesterday after doing some DD it looked like a win win. Even if the LOI didn't work out, there are a few other companies that would have stepped in and bought out or merged with CSK down the road.

If there's any truth in the broadcast below I would say CSK shareholders are going to do very well. This is not a hostile takeover, so out of respect for the shareholders this deal should be lucrative enough that it won't cause too many ripples. PLUS CDK shareholders will be part of something huge down the road. IMO, FCC is not going to be a penny stock for very long.

Next companies that will be bought out or merged is CBLT and CUZ. Might even see FCC doing the buying...Just my thoughts...Cobalt is going to be worth triple what it's worth today in the not to distant future.

Good luck to everyone and sell your farms and buy quality Cobalt stocks like FCC, you won't regret it!!

https://www.commodity-tv.net/c/mid,5429,News/?v=297737

Rick
Comment by Ciao on Jun 23, 2017 5:06pm
To have this video out shows that FCC is committed to merge with CSK, since they are just issuing paper, tthere will be lots of flexibility for the share exchange ratio to favour CSK.
Comment by NervousWrench on Jun 23, 2017 7:07pm
Thanks for pointing out the vid, Ciao. We sit on our hands this weekend.  We get to wonder. We get to have that itchy feeling and check our spidy-senses. Will it just be a flat out offer of 10 cents or 20 cents? Will it be another LOI with further unrefined particulars? Will we get the results of the grading tests? Did someone already do a magnetic imagery thingy with a heliocopter? Will the ...more  
Comment by Goldfather on Jun 23, 2017 7:57pm
Hey NW..... that was very good.  Entertaining & accurate. ....but I think we'll be fine. Good negotiators at CSK, strong FCC Co and mgmt,  .... and as the Video stated FCC will be the Worlds largest Cobalt Co. All translates into a very high FCC SP. ....mid year 18' FCC. $ 1.25 JMO. 
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