SI
SI
discoversearch

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.
Microcap & Penny Stocks : TNRG Tianrong Building Materials -- Ignore unavailable to you. Want to Upgrade?


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



To: Eski who wrote (813)3/30/1998 9:22:00 PM
From: Cheesehead  Respond to of 9824
 
I noticed that the only trade AFTER the news release was at .22. Hmmmmmm.

Cheese



To: Eski who wrote (813)3/30/1998 11:03:00 PM
From: Jim B  Respond to of 9824
 
Hugo.. don't focus on shares that WILL NOT go into the float
unless

1) stock reaches $3 share
2) Chongquing decides to cash in

We could have a billion shares os and as long as they are
restricted who cares... the fact that they got or will get
soon 80% of the company and its revenues is what's important..

goto any stock that just acquired a company and see if anyone
really cares about issuing restricted stock as long as they
are getting something that will bring in some moolah...

sure if we had the cash cool... but 16million restricted shares..
not bad for $144 million in revenues (80% of it anyway)..

jim