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m77

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15/02/20

13:28

Post #: 42951081
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Originally posted by really: ↑

Below is From a Financial Review article September 2018 --
before ACCC interference
How do TPG's current financials now stand in relation to then?

"TPG wants to head into the merger with net debt worth $2.024 billion and a special dividend is expected to help it get there. https://www.copyright link/street-talk/analysts-place-bets-on-tpg-telecom-special-dividend-20180919-h15kj8

TPG had net debt worth $1.266 billion balance at July 31 2018 and has a handful of funding commitments including spectrum payments ($352 million), capital expenditure in its mobile business and capitalising its Singapore unit ahead of the merger. Then there is also forecasting when the merger completes, and the impact of operating cashflow in the meantime.

All things considered, Citi reckons TPG should have $418 million left over come merger date which would mean a 45¢ a share special dividend.UBS analysts have gone with a range approach saying the payment could be worth $266 million to $356 million, or 29¢ to 38¢ a share. The biggest variables in UBS's model are how much TPG spends on its Australian and Singaporean mobile network, and capitalisation requirements for the Singapore spin-off.Citi and UBS ran the numbers following TPG's annual results announcement on Tuesday."

Really - Well done all holders

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Short-term holder and shorter, which is quite normal, are hindering the upward momentum of the SP.
HOLD and HOLD and GAIN GAIN by considering the huge weight and prospect of the merger.

TPM Price at posting: $8.06 Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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