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4 Jun, 7:27 AM •
KKR Report: KKR mulling $6.8B bid for Holcim-Lafarge assets
Following the merger of Holcim and Lafarge (HCMLF, HCMLY), the two companies are divesting certain cement and building-aggregate plants, and both KKR and CVC Capital partners have met with bankers to talk about a deal, according to Bloomberg.The two could go it alone or form a larger consortium, according to the report, which notes talks are only in preliminary stages at this point.
Tengo cierta confusión respecto a esto, lo que se hasta el momento es que
{ 1:http://investorshub.advfn.com/boards/read_msg.aspx?message_id=102860751
Cash
RONs holders are entitled to receive Cash in their accounts ( see http://ih.advfn.com/p.php?pid=nmona&article=62437065 )
{ http://www.kccllc.net/wamu/document/0812229120213000000000026 (Docket 9662)
I hope the link (with the POR 7 Voting results) helps to understand/verify the amounts of the present and future payments concerning RONs, PIERS and whatever comes later in the waterfall (hopefully Classes 19 and 22 too)
First glance at page 10/389 recommended
Class 16 – PIERS Claims ($771,478,598.22 (99.11%)) --- Accepted
Class 16 – PIERS Claims ($6,959,274.50 (0.89%))--- Rejected }
I believe the amount announced should be (16,500,000/(23,000,00*0.9911)) = 0.7238334218 USD/ Old WAHUQ UNIT
Has it been paid yet? Is it different to the quarterly interest payment (13% / 4 )?
TIA
2:http://investorshub.advfn.com/boards/read_msg.aspx?message_id=102745991
Hi Olti, my situation concerning RONs & PIERS is similar to yours, and I had the same question yesterday...
Here it is Ssstock13 answer, I hope it helps
https://www.boardpost.net/forum/index.php?action=post;quote=69015;topic=5640.0 ;
[quote author=Ssstock13 link=topic=5640.msg69015#msg69015 date=1401578009]
We received 4.21 in RONs and New Claim is 6.90 per old WAHUQ shares. Below is my estimate corrected after the distribution occurred. Hope this helps IPrelude.
We are getting 96m in RONs and reduction of 84m in LTIs.
The trust owes PIERS 240m. So, 96/240=0.40.
Claim is 10.53 per Old WAHUQ/PIERS. So, 10.53*0.4=4.212
Looks like $4.21 per share coming in form of RONs.
Reduction LTIs is 84m. So, 84/240=0.35. 10.53*0.35=3.6855. 10.53-3.6855=6.8445 new claim amount. (actual 6.90 New Claim Amt.)
6.90+4.21= 11.11 estimated street value per OLD WAHUQ/PIERS share.
Bottom Line, we are getting $4.21 in RONs earning 13% and WMILT still owes you $6.90
PIK interest at time of RON distribution
RONs $4.21-$3.68 =$0.53
RONs = $4.21 (accruing @ 13%)
Claims = $6.90 (accruing @ 1.99%)
Total Value (RONs&Claims)Old WAHUQ now =$11.11 and growing at approximately $0.056per month
Monthly interest est. based on OLD WAHUQ/PIERS at $11.11 per share
RONs $4.21*0.13/12=$0.045/month
Claims $6.90*0.0199/12=$0.011/ month
Total accruing interest =$0.056/month
$0.056 equates to Total PIERS Value increase of approx $1,288,000 every month (~$15.6M/yr.). RONs $1,035,000/Claims $253,000
So, OLD WAHUQ/PIERS are worth in May $11.11...June $11.16...July $11.21...Aug $11.27...Sept $11.32 }
Tengo un ratio de 2,49625 RONs, esos 2 tickers mencionados en tu post y q recién tengo en mi cta de valores, en agregado de ambos por cada una de mis antiguas WAHUQ, creo que no está bien pues el agregado debería ser 4,21???
Tu que opinas??
Quien sabe, quizás Alaska en verano y Sevilla en invierno...
Maximunae también sabe mucho... podría darte un Master a distancia pero igual te lo quiere cobrar :) :)
La verdad es q no se de donde ha salido la cantidad q tengo de cada una
Gracias por tu ayuda
There are a few of us sitting around after the meeting discussing what we heard. One thing that came out is that after we made the deal with KKR, it is at least easier to talk with other companies about mergers or acquisitions since we have money behind us. That was very positive. Before that, it was impossible because people wouldn't really talk to us. Again, the general consensus was that they were more positive than last year. I wasn't here last year but that was from others who were.
interesting tidbits we heard:
- they've had at least 40 meetings over the past year with Blackstone.
- when responding to one of the questions about deals they passed on for various reasons.. "that were too small" was one of the comments they made.
- Dozens of potential target acquisitons were analyzed, currently pursuing/vetting through "several right now"
so.. seems like they're hard at work. If I misheard, please correct my understanding.
Mike W definitely wanted to be careful about what he could and couldn't say and often exchanged glances with his staff for guidance or directly referred to the questions to those better experienced to know where to stop. Tough spot to be in given anything he says can be interpreted and is on the record. :-X ::)
Simpson eres un jeta, estas vacilando con las subidas de WMIH sin considerar que muchos habían perdido el 80 y el 90% en las antiguas acciones siguiendo tus recomendaciones y que incluso con la subida manipulada por noticias no les compensa las perdidas sufridas.
Cuando se hundan las acciones quiero verte justificar las bajadas, entonces como antaño hablaras de corrupción de la directiva y otras sandeces dignas de un estafador como tu.
