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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 > Estimates
View:
Post by Goldfather on Jul 21, 2017 12:23pm

Estimates

Will CSK go higher than .20 before the Merger? And will FCC
go higher than the  .76 when it was Halted. Or drop a lot. With new potential
of FC and two Mergers , much Hype etc.... it could rise. IF free markets
are allowed to flow OR , is this  just soooo manipulated, that FC and CSK
will be held down. OR , FC driven past .76, and CSK artificially held below .20
   There's 2 months between Halt Lift, and Mergers late Oct. ... that's a long time. 
CSK is 17 now. Only 3 cents from .20. Yes , it could go lower. 
........What are the thoughts here??  Thanks. 
Btw..... if this in fact is soooo manipulated, then I shouldn't be here
anyway.
Comment by iknolm on Jul 21, 2017 2:08pm
hej, i would expect csk to be held down in some way so it takes more than 4 shares to get 1 fcc....or... if csk remains its own entity and used as a sister company/partner in name only, then they can bounce the money around and write offs as much as they like...or it will just be dropped in name and incorporated into fcc...jeez i cant seem to find anything written about tooling costs, equipment ...more  
Comment by Goldfather on Jul 21, 2017 2:55pm
Thanks I know..... in your past posts ... you implied FC would perhaps go back to .61 for a bit.  ...do you still feel that way. ?
Comment by newsimon1707 on Jul 21, 2017 4:07pm
Your first post summarize all the possibilities...  it's hard to know what they will do.... pump to get the deal accepted?  For sure they will need to finance...  usually brokers wantsto pay as low as possible...  that's why I think FCC go kaboom! FCC shareholders is strange...it looks almost like a shell company!   They have zip retail investors!
Comment by Goldfather on Jul 21, 2017 5:28pm
very interesting..... thanks Simon. 
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