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APY New Aquisition, page-91

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Wheres-Wally

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13/01/16

11:02

Post #: 16785045
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Originally posted by Lincoln Burrows ↑

Just looked through APY's top 20.

Pros:
- Huge accumulation by the Whiddon Family past 3 months with an estimated 10% holding of the company
- Jay Hughes (Executive Director of Euroz) holding 5.45% of the company
- Stephen Dobson (experienced professional in telecommunications & information management industries) holding 5.5%

Cons:
- MC trading at $11.5 million currently, cash estimated to be between $6 - 7 million, meaning current EV around $4.5 - 5.5 million... i understand that there will be further cash coming in from final sales? The question will be - is the current EV worth the buy based on speculation?
- Deustche Bank (previously a 4.6% holder) selling their shares on market in the past month, as shown in broker trades below - the question will be, how much more distribution do they have to go?

My own thoughts - it's all a matter of speculating whether a deal is near or not. I think is that companies with a fair amount of cash will perform DD thoroughly and timely, so there may be opportunity to pick up APY shares at a price lower than this depending on how many shares Deustche Bank has left.

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That's actually one of the most postitive brokerage reports I have seen for s while the Majority are hold more than they have sold!!

APY Price at posting: 1.0¢ Sentiment: Buy Disclosure: Held
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