TNRG Tianrong Building Materials Message Board

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Microcap & Penny Stocks : TNRG Tianrong Building Materials

TNRG 0.0300

+14,900.0%

Jul 17 12:46 PM EST

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To: Eski who wrote (813)	3/30/1998 9:15:00 PM
From: rharris	of 9824

The dilution occurs only if earnings are lower on a per share basis after an acquisition. There is NO way that earnings will be lower on a per share basis after THIS acquisition (IMHO). This shopping center has $144 M in revenues and is in probably the fastest growing consumer area on the planet (this is one reason why Warren Buffet bought Coca-Cola because of the potential in China). Tilton talks about discovering undervalued properties - it certainly looks like he hit a home run here. It looks like the price is a steal (it's the best price I've seen for a shopping center with those type of gross revenues), and keep in mind the sellers are willing to take convertible debentures at $3 per share meaning they can't convert until the price of the stock is at least $3. Looks like we now have friends in China that would like to see this stock higher than $3 <ggg>....... Richard

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