TVI Pacific Inc V.TVI

TVI: Needs two things

[CountOfMeltedCrisco]

1. A motivated IR firm; and 
2. An NCIB ( Normal Course Issuer Bid ) 

Well, maybe 3 things:  some Twitter-ite with a couple thousand followers to spot this one and go "Hmmmmm........"  

Just the announcement of the NCIB would be a powerful signal from the Company itself;  it wouldn't even have to be all that big, the psychological effect would suffice.

[kcuhc11]

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[babybunny]

Keep in mind that while TVIRD is swimming in cash, TVI Pacific (the company you own) is starved for capital.   What is really needed is a respectable dividend to be paid by TVIRD to its shareholders, including TVI Pacific.  That opens up all kinds of possibilities, including a compelling NCIB or even better a SIB (substantial issuer bid).   With Balabag now spinning out

[CountOfMeltedCrisco]

Owning 30% of TVIRD gives TVI Pacific some "say" in what TVIRD does or does not do.  If TVI Pacific were to suggest such a dividend I doubt they'd be greeted with a "GTH!".  After all, Cliff is Chairman of both https://tvird.com.ph/board-of-directors-and-officers/ What Cliff wants, Cliff will get, and I believe he wants everyone, himself included, to start getting

[willywonka]

Don't see any dividend until after listing on the PSE.

[stever50]

Maybe company is holding back on Tvi for some reason.   ????

[babybunny]

That is not my base case at all.  In fact, I suspect everything is being done to ensure TVIRD has a fortress balance sheet so the IPO will be a smashing success ... and this would provide a gusher of funds to TVI Pacific.  But still, I would feel more comfortable if TVI Pacific had some money in the bank.

[willywonka]

Don't forget thet they must repay the 20 million $ loan with China I believe