New Toyo

[portuser]

Nera Communications being bought out at P/E - 12
China Healthcare bought out at P/E - 20; NAV - 2.2 times

In searching for a basis of valuing New Toyo, you may refer to Amcor's announcement to SGX on its acquisition of Aperio at six times of EBITDA.
New Toyo's 2011 EBITDA is around $45m. Six times of this is $270m, or 60 cents per share.

But this is provided New Toyo is for sale and a willing buyer is as like-minded as Amcor.