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Ascendis Health Ltd. – JSE:ASC


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#381 Tolly12

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Posted 12 May 2021 - 10:10 AM

According to unaudited interim results 6 months ended 31 dec 2020

Segmental
Farmalider ebitda R 42 million
South Africa editda R 231 million


 

 

Thank you LarryK.

 

So annual EBITDA shoud be around R500 Million. About 30 Million €.

And current market cap is 24 Million €.


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#382 LarryK

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Posted 12 May 2021 - 10:06 AM

According to unaudited interim results 6 months ended 31 dec 2020

Segmental
Farmalider ebitda R 42 million
South Africa editda R 231 million



Not a bad deal to me.

Now we have to calculate the EBITDA generated from 'Sout African Assets' + 50% of 'Farmalider'.

With zero debt.


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#383 Dell

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Posted 12 May 2021 - 10:01 AM

guys, i'm disappointed too...but the alternative is ZERO...business rescue would have gotten us probably NIL...interested in what they're gonna say at 12:00...

 

most of the EBITDA will leave with those entities...estimate that R 400m will be left...no debt however...IN's R4 - R10 STILL not unrealistic....business with debt has (as in this case) a massive discount (we've discussed this a previous time), so it the law goes both ways a business with no debt should be trading at a premium...my 2c


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#384 Tolly12

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Posted 12 May 2021 - 09:56 AM

Not a bad deal to me.

 

Now we have to calculate the EBITDA generated from 'Sout African Assets' + 50% of 'Farmalider'.

 

With zero debt.

 

 


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#385 LarryK

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Posted 12 May 2021 - 09:56 AM

So we are hoping to push over 98c yes?

It does seem as though the market reacted positively. Up 10% 2 million shares traded and with strong resistance at 85c. Guess we'll have to wait for that presentation. If someone that sees it can just provide a summary to those of us that cannot watch it.


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#386 sommerso

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Posted 12 May 2021 - 09:52 AM

I honestly don't know Sommerso, one has to look at the remaining crumbs to try and figure that out. So far it looks like the market is happy with the deal...time will tell. Sardi negotiated to keep his job.

 

 

It does seem as though the market reacted positively. Up 10% 2 million shares traded and with strong resistance at 85c. Guess we'll have to wait for that presentation. If someone that sees it can just provide a summary to those of us that cannot watch it. 


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#387 Blackobar

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Posted 12 May 2021 - 09:40 AM

Chances of hitting anything between R2 and R3?


I honestly don't know Sommerso, one has to look at the remaining crumbs to try and figure that out. So far it looks like the market is happy with the deal...time will tell. Sardi negotiated to keep his job.
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#388 sommerso

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Posted 12 May 2021 - 09:34 AM

Basically there's nothing that's appealing left. They won. So my question is what was being "negotiated" there, it doesn't look like management did any negotiating, they were told what was going to be taken and they folded. Sardi and co saved their jobs...

 

Chances of hitting anything between R2 and R3? 


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#389 Blackobar

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Posted 12 May 2021 - 09:32 AM

My concern as well. What is left and how much is it worth?


Basically there's nothing that's appealing left. They won. So my question is what was being "negotiated" there, it doesn't look like management did any negotiating, they were told what was going to be taken and they folded. Sardi and co saved their jobs...
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#390 sommerso

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Posted 12 May 2021 - 09:22 AM

They are getting everything they came for and more (remedica & sunwave)

 

 

My concern as well. What is left and how much is it worth? 


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#391 sommerso

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Posted 12 May 2021 - 09:18 AM

Yes we were screwed and we expected to be screwed
......but no business rescue and debt free and ebitda positive....we are sitting targets for acquisition....share easy in my deluded head at r4 to r10

 

 

but for whom? Who has that kind of money to acquire ASC? 


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#392 Blackobar

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Posted 12 May 2021 - 09:17 AM

They are getting everything they came for and more (remedica & sunwave)
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#393 Investment novice

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Posted 12 May 2021 - 09:16 AM

Yes we were screwed and we expected to be screwed
......but no business rescue and debt free and ebitda positive....we are sitting targets for acquisition....share easy in my deluded head at r4 to r10
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#394 Dell

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Posted 12 May 2021 - 09:14 AM

hi all

 

 

On the deal - aren't we giving away more that what was anticipated, or am I wrong? 


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#395 sommerso

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Posted 12 May 2021 - 09:03 AM

Announcement is out 

 

 

www.corpcam.com/AscendisHealth12052021 12h00 today 


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#396 sommerso

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Posted 12 May 2021 - 08:58 AM

Okah getting my 10k from aeg to buy 1m shares asc

 

 

Announcement is out 


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#397 Investment novice

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Posted 12 May 2021 - 08:56 AM

Okah getting my 10k from aeg to buy 1m shares asc
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#398 sommerso

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Posted 12 May 2021 - 08:54 AM

Hes vanished again.  :wacko:

vanish.png

 

 

Oh Wizard of the tables.... what bids and offers do we have on the table? 


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#399 sommerso

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Posted 12 May 2021 - 08:46 AM

Might be a bigger dip than yesterday. Market does not like delays at all. It is a fickle creature.  But also I won't mind news... of any kind....  I've hit the refresh button off my browser.... 

 

Atleast release a SENS saying negotiations ongoing... .or concluded and awaiting formalisation on them. But this nothing doesn't bode well.  <_<

 

 

In other news.... Daily Pivot points have us looking at Support 1 between 69c and 73c and resistance 1 between 87c and 98c ...  

 

Moving Averages, Momentum and Trend is still showing "Buy" ... 

 

 

https://za.investing...timeFrame=86400


Edited by sommerso, 12 May 2021 - 08:50 AM.

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#400 Poor Dad

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Posted 12 May 2021 - 08:42 AM

Oh my shattered nerves
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