Bullboard - Stock Discussion Forum Constellation Software Inc T.CSU.DB

Primary Symbol: T.CSU Alternate Symbol(s): CNSWF

Constellation Software Inc. is a provider of software and services to a select group of public and private sector markets. The Company acquires, manages, and builds vertical market software (VMS) businesses, which provide specialized, mission-critical software solutions that address the specific needs of its customers. It is engaged principally in the development, installation, and... see more

Add To Watchlist

TSX:CSU - Post Discussion

Constellation Software Inc > Topicus shares

View:

Post by jjj123 on Jan 13, 2021 1:55pm

Topicus shares

So I got some Topicus shares from the spinoff. But showing as worth $0.00 and not tradeable. Anybody know when they start trading?

264

Comment

Comment by dman8892 on Jan 13, 2021 3:12pm

I thought the week of the 25th. But not entirely sure and I am sure there are many things that need to be aligned for it to trade.

157

Comment

Comment by CanRick on Jan 15, 2021 4:20pm

"On or about February 1". Anyone have any idea how much they might be worth?

186

Comment

Comment by dman8892 on Jan 15, 2021 4:36pm

Based on valuation of Topicus and csu sp movement I would guess between $75 and $100. But the market will always be the final factor. Anyone else have an estimate?

171

Comment

Comment by TimeScape on Jan 15, 2021 5:24pm

I saw an analyst give an estimate based on a sales multiple of Topicus revenue, and he said about $90 a share, but that's just based on his estimate of what sales multiple Topicus would sell for. If you look at the price drop on the ex-div day, and factor in the share ratio of Topicus to CSU, you would get more like $50 a share. On the other hand, CSU has dropped another $85 since ...more

320

Comment

Constellation Software Inc