The trustee manager owns only 3% of the trust, what does the third party want? Weird...
Also, the change of manager usually affect the convenant of the loans
(13-12-2015, 04:35 PM)Greenrookie Wrote: [ -> ]The trustee manager owns only 3% of the trust, what does the third party want? Weird...
Also, the change of manager usually affect the convenant of the loans
They want ownership of the Manager.
Another near 5% sell off. Yield is very very attractive, but what's concerns me is whether it can refinance its loans with the 90% intangible assets, and whether it can manage with the possible higher financing cost?
(14-12-2015, 01:48 PM)valuebuddies Wrote: [ -> ]Another near 5% sell off. Yield is very very attractive, but what's concerns me is whether it can refinance its loans with the 90% intangible assets, and whether it can manage with the possible higher financing cost?
They just refinance ... So they refinancing risk is not there. But interest cost could still go up.
If Taichung dun pick up at 2016, then dividends will need to be cut
Was told that Current Prices are the Lows !!! So I am Vested @ 0.62 !!!
the guy who buy over APTT, Lu Fang Ming is holding position in
- General Manager-Business and Director in Hon Hai Precision Industry Co Ltd or Foxconn
- Chairman of Asia Pacific Telecom, one of Taiwan ISP
by acquiring TBC of APTT and merging w APT, it probably make his co top 3 position in Taiwan ISP.
hope to see APTT to be better managed.
just back from Taiwan holiday, the internet is free in public places like MRT stations, train station, airport, even to tourists.
so, would think it is not as lucrative biz as Sg.
in sg, internet is free at major shopping malls, airport, some MRT stations, certain entertainment outlets and many other places.
Just to provide further context to this transaction:
Nikkei Asian Review Wrote:Livia Wu, an analyst at Yuanta Securities Investment Consulting, said that as existing Taiwanese regulations do not allow the government to invest in the media industry, Foxconn and Asia Pacific Telecom have to rely on Lu to proceed with the acquisition as both companies are partly owned by the state.
Src:
http://asia.nikkei.com/Business/AC/Seeki...e-operator