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Daytrading April 15 pre-market, page-57

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Castlebuilder

1,521 Posts.

15/04/15

09:48

Post #: 15089092
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Originally posted by nihilism ↑

Such a complex stock though, as TSN didn't have that revenue, TSI india did.. meaning they only could EVER claim 25% of the PROFITS if 100% distributed.

As it's a private entity, with majority share elsewhere, you never know how much TSN could get or will miss out on. CK partners could continue to run it into losses simply to pad their own pocket with future expansion for years, using their own other ventures as services for marketing/consulting, both padding their pockets and keeping the venture away from TSN control, slowly buying out stakes in the company until its solely theirs.

Risky venture IMO, without knowing the intimate details (and only way is being a fly on the wall).

I was initially positive on this, but too many risk factors IMO.

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That is incorrect. TSI India will be monetised by August 2016. If a buyer cannot be found then there will be an IPO. Proceeds will go 75 % to CX Partners, 25% to TSN. TSN will also receive an extra 25% of the extra/over expected return on investment for CX Partners, I can't recall the exact figure but it is all stated in previous announcements.
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