TIL - Trilogy [formerly ECO - Ecoya]

[winner69]

Very generous offer from CITIC with an EV/EBITDA multiple (12 months to 30 September 2017) of 13.6x being pretty high ...especially when Trilogy now say "Delivering this growth will take time and involves execution risks."

Reckon they were prepared to offer $3.40 but discounted it by 50 cents because of those stupid value destroying Ecoya candles.

[steveb]

up 50c on pretty small volume,so far.I think shareholders are sitting on the sidelines waiting for all the chips to fall.At $2.90 there could be other interested parties?

[babymonster]

Buy now and can get a bit profit too

[winner69]

So Citic fronting up with just under $250m for about $19m ebitda

Going to take a few years for them to get a payback on that sort of investment

[Balance]

So Citic fronting up with just under $250m for about $19m ebitda

Going to take a few years for them to get a payback on that sort of investment

Comes down to their ability to leverage TIL's brands into Asia - especially China where Trilogy is already a well-accepted brand via the grey market.

[winner69]

Surprised it's taken them so long to find a buyer ...... would hazard a guess they been touting this for well over a year now

Another great investment by the Baker Boys

'Investing' in their companies one needs to expect the inevitable takeover (exit strategy)

[winner69]

Holders have been given a huge get out of jail free card today that is for sure. Management clearly don't believe TIL is worth more than $2.90... ironically, a year or so ago, I said TIL was worth around $3... That was when the share price was well into the 4's and my $3 statement was meet with vicious attacks by many other posters... looks like "in the end" I wasn't too far off the mark... still not a done deal yet I suppose.

Maybe a get out jail free card for some ...but for some great to see a plan come to fruition.

Was always good buying at $2.10

[golden city]

Those boys will focus on moa next I guess

[Beagle]

Congrats to the faithful, well done for showing tenacity with your holding.

[Frostyb0y]

My story with TIL:
Bought at $0.91 because my wife was spending hundreds on the product.
Participated in the raise at $3.70.
Put a sell order in at $5.00 then the SP got as high as $4.90 before crashing.
Will go out with a small profit.

Thank you to all of those who have been positing regularly, your contribution is valuable to those of us who are usually "read only" in this forum.