EDC Tender Offer Play Question

Offer Price: 7.25/sh, net 7.21
Offer period : Aug 10 – Sept 18

julianna – Yesterday at 12:25 PM
sir ! may tanong ako sa tender offer ng edc. from what I understand, public wiill get to sell ALL their shares right? dahil dun sa scale back ng FGEN?

Spyfrat – Yesterday at 4:36 PM
for now may provision na ganun which is indi clear
dami na namin natanungan pero ng lagay sila ng Q&A sa august 10 pa
sa naka attend nun sa press briefing, intention talaga ng edc na mag pa delist
thus e tetender nila lahat sa 7.25

julianna – Yesterday at 4:36 PM
i called *** eh asking them about it. Magkaiba yung sinagot sa akin nung agent at yung nasa *** nila at yung nasa disclosure

Spyfrat – Yesterday at 4:37 PM
ano ang sabi sa u maam?

julianna – Yesterday at 4:38 PM
sabi nung agent sa *** sure daw.pag ni tender mo ay mabebenta lahat.
sabi nung repost nila sa *** , ganun din. may scale back FGEN para maccomodate 100% ng public
sabi nung nasa *** group, only 80 to 90%

Spyfrat – Yesterday at 4:39 PM
bat mag ka iba sagot nila?

julianna – Yesterday at 4:39 PM
i was inclined to believe the disclosure na all will be tendered but when I saw this sa *** , since priority nila clients na ito, I am inclined to believe now na hindi lahat
yeah sir tingnan nyo yan letter nila sa *** iba din sa disclosure
i just bought edc today pero ayaw ko na yata
magiging clear daw lahat sa aug 10
kasi wala pa sila details
so yari pag 90% lang
hindi worth it
mas maganda pa yung gma 7 play nyo
I was assured sa *** makukuha lahat though
Based on their past tenders
Sa Summit sir wala din advise sa inyo on details?

Spyfrat – Yesterday at 4:43 PM
base sa experienecd namin
ma tender lahat

julianna – Yesterday at 4:43 PM
ayun
sneaky lang that they warned their PRIVATE clients eh(edited)

Spyfrat – Yesterday at 4:45 PM
in the event na hindi ma tender, worst case, may 20% left na shares ka, then yun precedence namin is the GERI case (hindi sya na delist but umakyat sya after wards, which give the holders a fresh chance to sell).

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julianna – Yesterday at 4:45 PM
talaga naman laging may kasamang chart :smiley:
mag tender kayo ng edc sir spy?

Spyfrat – Yesterday at 4:46 PM
also, if im edc, will i wait for the 7.25 to buy the shares? ngayon pa lang umpisahan ko nang bilhin para lumiit ang float sa market but obkors haka haka lang po

yup magtender kami

julianna – Yesterday at 4:46 PM
ayun may kasabay ako yehey

Spyfrat – Yesterday at 4:46 PM
ngek hehehe
dami mo cguro binili maam 🙂
small time lang kami na broker

julianna – Yesterday at 4:46 PM
ay sinanla ko yung isang anak ko sir

Spyfrat – Yesterday at 4:46 PM
si *** yun marami
anong stock yun sinanla mo?

julianna – Yesterday at 4:47 PM
ah so yung edc para makamura bibili na sa market ngayon ano?
yung isang anak ko yung bunso
sinanla ko
:smiley:

Spyfrat – Yesterday at 4:47 PM
yup pero syempre using *** account, theory ko lang po
nak ng hahaha
sinanla talaga
ilan ba anak mo maam?

julianna – Yesterday at 4:48 PM
so theory nyo is aakyat after. ang maganda naman daw said *** is hindi pa naman delisted so mabenta mo pa pero low liquidity na eh(edited)
ay dami haha
dami ko anak
5 sila
isa pa nag tender na umakyat din yung LIB di ba sir

Spyfrat – Yesterday at 4:49 PM
yun float kasi parang 49%.. ang computation is 9.2B shs.. pero sa pcd na yun
LIB yup pero sandali lang kasi so-so yun ginawa ng smc
5 wow :smiley:
ayaw mo na dagdagan para volleyball team

julianna – Yesterday at 4:50 PM
yup. yung sa disclosure . di ba sir lahat ng sa public kukunin
yikes grabe sire ayaw na(edited)

Spyfrat – Yesterday at 4:50 PM
nag pagulo lang yun pro rated

julianna – Yesterday at 4:51 PM
yun nga sir.
kaya ako nagtanong sa inyo because I trust you more than *** :smiley:

Spyfrat – Yesterday at 4:51 PM
parang walang saysay kong they left edc listed e
gagastos ka ng malaking bilyon para lang sa tender offer na pagkatapos ay listed pa rin ang edc
e di sana ni jockey na lang nila yun edc sa 20
logic lang

julianna – Yesterday at 4:52 PM
so pwede rin pala umakyat edc to 7 levels habang tender period kung dun sila bumibili

Spyfrat – Yesterday at 4:52 PM
pero obkors, worst case scenario may basehan yun matirang 20%

julianna – Yesterday at 4:52 PM
yung delisting news lang baka mag pa bagsak ng price ni edc after

Spyfrat – Yesterday at 4:52 PM
of which na consider na rin namin

julianna – Yesterday at 4:53 PM
so yung risk ng 20% , kita pa rin despite that?
Spyfrat – Yesterday at 4:53 PM
now if we were a little bolder, baka may 2nd tender.. pero may predecence rin yan, yun SPH, pero same price lang

julianna – Yesterday at 4:53 PM
eh bullish kasi yung after tender sa inyo
yung negative side, a drop back to 5,93?

Spyfrat – Yesterday at 4:54 PM
example u bought 10k at 6.90, that’s 69,200.10
benta mo tender yun 80% that 8k at 7.25 right?

julianna – Yesterday at 4:54 PM
yup

Spyfrat – Yesterday at 4:55 PM
net is 7.21, so 8k at 7.21 = 57,224.32

julianna – Yesterday at 4:55 PM
tapos lugi ka ng 2000 pesos kung bumalik sa 5.93 after
sa remaining 2000 shares

Spyfrat – Yesterday at 4:56 PM
yun natira is 11,975 pesos divide mo sa 2k, cost is 5.99 or say kahit 6 na
its worth the risk
kahit say may 20% pa na matitira
granting bumagsak price ni edc agad after ng tender
say 6.30
benta ko 2k at 6.30 = 12,500

julianna – Yesterday at 4:56 PM
ah yeah tama net gain nga
galing talaga sir spyy

Spyfrat – Yesterday at 4:57 PM
12,500 + 57,224 = 69,724 lahat
gain 500 hahaha
2 months wait

julianna – Yesterday at 4:57 PM
yun! haha pang jollibee din

Spyfrat – Yesterday at 4:57 PM
yep
8 pcs bucket meal na

julianna – Yesterday at 4:58 PM
grabe

Spyfrat – Yesterday at 4:58 PM
worst case na yan

julianna – Yesterday at 4:58 PM
thanks for puting th numbers in sir.
mag simulate pa ako nyan
Spyfrat – Yesterday at 4:58 PM
if all ma tender then 10k x net 7.21 = 72,100, may kita kang 2,900
calculated risk lang maam 🙂

julianna – Yesterday at 4:59 PM
No need to worry pala. mas lugi pa ako kung nag sell at cost ako bukas
matinik si Spy
matutubos ko anak ko

Spyfrat – Yesterday at 5:00 PM
ayos :smiley:
happy na si junior

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