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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 > Numbers FCC-CSK
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Post by newsimon1707 on Jul 17, 2017 2:21pm

Numbers FCC-CSK

Guys, if I tell you I give you 0,14$ for your shares of CSK and I would buy the entire float... would you all accept?

Here are numbers before the deal was announce on the 21 st of June...

FCC in the previous 60 days, traded an average of 416 399 shares per day, at an average price of 0,55$...last time it traded at 0,76$ was on the 29th of March 2017, 52 weeks high 0,92$

CSK in the previous 60 days, traded an average of 309 521 shares per day, at an average price of 0,14$... last time it traded at 0,195$ was on the 18th of April 2017, 52 weeks high 0,45$

We all know CSK stock was manipulated big time and we saw an anonymous seller that kept hitting and hitting the stock to make it drop big time...

We all know that FCC stock was manipulated big big time after the deal was announce... probably by the same group that smashed CSK!... FCC was push the 2 days it traded big time in the last 5-10 minutes of trading... almost 0,07$ the last day it traded!

I feel that this was done create an illusion for CSK shareholders... CSK is the only one that can generate quick and huge profits quickly... they wanted what we have... but didn't want to pay $$ for it... so they dropped us, push FCC high... and used our low value Vs FCC's false high value to make us see a great deal it is!

If you guys think that 0,20$ is a good price for your CSK shares, I won't argue, but ask that the ratio be calculate on the value it traded before, or the 60 days average it traded before... 0,55$... not that fake FCC's value of 0,76$!  I am sure the australian share holders aren't happy either!

They are using the value we are bringing in the company to pay us by using the value FCC had 2 days after the deal!  0,76$ is not a representative value for FCC shares... it's 0,55$ if you use the 60 days average...! 

We should have 0,36 shares of FCC for every CSK shares we have... not 0,2632...! it's almost 50% more guys for your money...! It makes a big difference...

Now, what I think is gonna happen... they are gonna keep the lid on CSK... and once FCC starts trading again, they will push it up... they will make sure that our shares after the deal are worth more on paper then if we keep our shares... but we will be voting on the 18th of October... and the acquisition won't be done before the 24th... plus by the time you can trade your shares in your account... ouf!!  You won't be able to sell at the once again even more fake value they will push FCC...  I am pretty sure I am dead on the money here on the SP action...

The value for FCC that was use in the calculation should be 0,55$... nothing higher then that figure... this is where we are getting rob!

Good luck and hold on!
Comment by iknolm on Jul 17, 2017 3:26pm
hi newsimon....thanks for that info....im new to csk but delved into all this heavily over the weekend and saw that the reifinery is nearly useless to process on a continuous basis ,so its the mines, the rocks laying around and the licence for the refinery that is prehaps worthwhile them buying, plus whats in the ground of course.....but what if fcc,s value does actually go up and hovers around ...more  
Comment by newsimon1707 on Jul 17, 2017 7:13pm
Csk has over 1 million in their bank account... they would have been able to fix the mill and process and make $$$ in 3-6 months... I think someone is pulling the strings behind the scene...  I have a name in mind but will keep it for me... Like you said...  fcc looks without any real plan except a consolidation...  maybe you are right and it's to attract a major...  but ...more  
Comment by Goldfather on Jul 17, 2017 7:37pm
Yep. Cobalt is gonna be big. Too much Tesla and EV talk on Wall Street. It dominates. FC guys are big time, big picture guys. That Mell CEO will get it all organized,  get good revs, package it, and Sell to a Major ! Duh ! Hello !  CSK wasn't gonna peacemeal it. This is potential big time stuff. Where 2+2 can = 10+.  Hello !
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