I think thats not how one earmark investment subsidary into their books.. Rmb the Saga of blumont, liongold, asiason they were investment holding company as well.
In any case, I agree the $0.40 target is fairly visible if its 2 to 2.5cents dividend for FY15 onwards.
Consideration 1,224,400,000bt
95% in KTIS shares 1,163,180,000bt
IPO price 10bt
No. of KTIS shares entitled 116,318,000
Total no. of KTIS shares 957,827,000
Did I get it wrong? King Wan will hold 12.1% of KTIS? I had the impression that it would be ~2%?!?!
(22-04-2014, 09:01 AM)cif5000 Wrote: [ -> ]Consideration 1,224,400,000bt
95% in KTIS shares 1,163,180,000bt
IPO price 10bt
No. of KTIS shares entitled 116,318,000
Total no. of KTIS shares 957,827,000
Did I get it wrong? King Wan will hold 12.1% of KTIS? I had the impression that it would be ~2%?!?!
957,827,000 is 24.64% of total shares, so should be ~2.99%
(22-04-2014, 09:20 AM)BestPrice Wrote: [ -> ] (22-04-2014, 09:01 AM)cif5000 Wrote: [ -> ]Consideration 1,224,400,000bt
95% in KTIS shares 1,163,180,000bt
IPO price 10bt
No. of KTIS shares entitled 116,318,000
Total no. of KTIS shares 957,827,000
Did I get it wrong? King Wan will hold 12.1% of KTIS? I had the impression that it would be ~2%?!?!
957,827,000 is 24.64% of total shares, so should be ~2.99%
By the way, total shares is 3,888,000,000.
(22-04-2014, 09:21 AM)BestPrice Wrote: [ -> ] (22-04-2014, 09:20 AM)BestPrice Wrote: [ -> ] (22-04-2014, 09:01 AM)cif5000 Wrote: [ -> ]Consideration 1,224,400,000bt
95% in KTIS shares 1,163,180,000bt
IPO price 10bt
No. of KTIS shares entitled 116,318,000
Total no. of KTIS shares 957,827,000
Did I get it wrong? King Wan will hold 12.1% of KTIS? I had the impression that it would be ~2%?!?!
957,827,000 is 24.64% of total shares, so should be ~2.99%
By the way, total shares is 3,888,000,000.
Thats true, 100%/24.64% = 4.0584x 957,827,000 shares = approx 3,887,284,902 shares.
Market cap = 3887284902 x 10 baht / 25.75 = $1,511m
$50.2m / $1511m = 3.3% stake
(22-04-2014, 09:35 AM)DP28 Wrote: [ -> ] (22-04-2014, 09:21 AM)BestPrice Wrote: [ -> ] (22-04-2014, 09:20 AM)BestPrice Wrote: [ -> ] (22-04-2014, 09:01 AM)cif5000 Wrote: [ -> ]Consideration 1,224,400,000bt
95% in KTIS shares 1,163,180,000bt
IPO price 10bt
No. of KTIS shares entitled 116,318,000
Total no. of KTIS shares 957,827,000
Did I get it wrong? King Wan will hold 12.1% of KTIS? I had the impression that it would be ~2%?!?!
957,827,000 is 24.64% of total shares, so should be ~2.99%
By the way, total shares is 3,888,000,000.
Thats true, 100%/24.64% = 4.0584x 957,827,000 shares = approx 3,887,284,902 shares.
Market cap = 3887284902 x 10 baht / 25.75 = $1,511m
$50.2m / $1511m = 3.3% stake
I read on several websites that total shares is exactly 3,888,000,000.
Hence, 116,318,000/3,888,000,000 is 2.9917181%.
957,827,000/3,888,000,000 is 24.6354681%
(22-04-2014, 10:18 AM)Stephysim Wrote: [ -> ]is this feasible?
I really dont know how to reply you. Feasibility is objective.
(22-04-2014, 10:18 AM)Stephysim Wrote: [ -> ]is this feasible?
The question itself is not feasible...
Thanks!