AIO 0.00% $9.13 asciano limited

business spectator - is it true?, page-5

  1. 2,772 Posts.
    Hi Mik01,

    Hopefully I haven't got the a rep out there after my newbie comment...LOL...

    In the end the ultimate important thing is that the company continues to perform and has great assets which are expensive and difficult to replace.

    I believe there are manygood possible outcomes from this process for shareholders. If the outcome becomes a sale of some or all of the businesses to seperate parties that can provide a good outcome. If all is sold to 2 or 3 companies we could get the premium for each one adding up to the same result as a full t/o but higher total value. If only parts are sold then with little or no debt what is left would be repriced by the market and should result in a good premium to todays SP.

    I am in for the medium term (next few months) not a day trading view. The only concern I have myself with AIO at all is that the board have continued not to communicate well with shareholders. I put this down to them thinking that is a good thing for the process. I don;t agree with that but they are on the inside so we have to trust it and I don't read much sinister into that. MY guess is that the process is going really well and that they don't feel the need communicate much because they know that at the end of the day all SP's will be happy when they announce a good deal and will forget the communication straight away. If they were worried about the process I think they would use the media e.t.c more to try and show how hard they are trying.

    Anyway good luck. We will probally see volatity with AIO until the annoucement for me it's a time to buy if down but that is based on my circumstances. At absolute worse if the deal isn;t as good as I hope ($3 ish per share)I can hold onto what is a good company.

 
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