Come permas n stay one week. U might second guess will greenland see through such schedule payment with iwc. Schedule payment could be an indefinately non schedule payment. Just like 2020 to TN50. Big hope to achieve
There are people above asked the right question. Why need to takeover iwcity? Iwcity can hold on to all the positive aspects it have by itself. What's the benefit of consolidating iwcity in Ekovest and having to fork out a premium for it. Remember iwcity is only an 80+sen counter prior IWH takeover news. In all aspects of the potential of iwcity land, at the end of it, it's all future talk, but money spent by Ekovest is now. Make sense?
Hi, as I mentioned clearly in my discussion above. IWC deal is more than enough to cover the acquisition cost. The initial payment had been made and the article from both The Edge and The Star also pointed out that there wont be any default in payment as the counterpart was China. Hence, there will be no money spent by Ekovest as the payment schedule showed that the payment in 2018 and 2019 will be cover the cost. Put it in simpler term, it is like you are using your current credit card to purchase an item that would generate cash in next 2 month which will be sufficient to cover the cost. It is a win deal. So, why not?
Zillions 04/11/2017 22:33 There are people above asked the right question. Why need to takeover iwcity? Iwcity can hold on to all the positive aspects it have by itself. What's the benefit of consolidating iwcity in Ekovest and having to fork out a premium for it. Remember iwcity is only an 80+sen counter prior IWH takeover news. In all aspects of the potential of iwcity land, at the end of it, it's all future talk, but money spent by Ekovest is now. Make sense?
i wont comment much on iwcity BUT there's something you guys never thought about. There's one point. I think you all know the story of IWCITY from BM to merger. The IWCITY IWH merger plan was delayed, think was it 2 times, and there were this good will nego..... well these are public relation words when something not right, they tried to make it look nice. When I saw those words, knew something was not right. So now the key point is this, I don't want to be accuse of bashing this stock BUT the point is if IWCITY-IWH merger was so good, why did it failed? It is quite clear that the failed merger would have an impact on IWCITY after the BM botch. The last hope was the IWCITY-IWH merger, so it failed too. So now ekovest is brought in, so what does it mean?
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Posted by newbie5354 > 2017-11-02 20:37 | Report Abuse
Why must use Ekovest cash? To bailout IWC minority including LKH?