Shares & Derivatives
News that is not new
By A Pen Quotes  •  June 6, 2015
When I read today’s Business Times today, a few articles caught my attention. 1) Q&M dives on vendor share sale plan I have previously written a post on the sudden surge in Q&M share prices and what appears to be a bubble forming for Q&M. (read here). So it came as no surprise that the share prices of Q&M recently dived. Now it is trading at $0.85 with a P/E of 60.71 and Enterprise Value/EBITDA of 38.99. Both values are still very high. 6 shareholders will sell a total of up to 46 million shares, or 8.18 percent of the 562.3 million shares they hold in Q&M. This was possible through the lifting of a moratorium that were previously imposed on these strategic investors to Q&M or whom have sold their business to the group and were paid in part through the shares. This is possibly ......
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By A Pen Quotes
Hi, I am a typical guy born in 1976. You can call me ‘T’. Family: I have a lovely wife and 2 kids (a boy and a girl). To me, they are the best things that happened in my life. Work: I’m working full-time in the construction industry. Interests: I like to swim, draw and read up on financial articles. I have started a Youtube channel on sketches. Do check it out here.
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