Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Paul Senior who wrote (32083)	3/20/2009 12:23:35 AM
From: Spekulatius	of 78742

TWX - anyone following the cable (TWC spinoff) story? Looks complex to me so maybe an opportunity. TWX post spinoff looks pretty good (better than before) I think due to debt reduction. Credit Suisse has a good report on the timeline and the expected outcome. Right now it looks like each share of TWX has approx. 2$ value in terms of TWC shares in it until March 27 when those get paid out and TWX will do a reverse 1:3 split. So after that chore TWX should trade at 16-17$/share. Proforma balance sheet says 10B$ in cash and 20B$ in debt left for TWX. Maybe worth a look. I suspect a lot of TWC shares will be dumped after March 27. idea.sec.gov

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next