% | $
Quotes you view appear here for quick access.

Hong Kong Television Network Limited Message Board

  • nrloomba nrloomba Mar 31, 2009 3:33 PM Flag

    Come on Guys Buy CTEL no big Volume between $2.75 and $3.00

    Come on Guys Buy CTEL no big Volume between 2.75 and $3.00

    Once it goes above $3.00, it will not look back,
    may be forever.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Hopefully the bond holders get on board and....

      1) start buying stock, then
      2) tender the debt

      Depending on how many bondholders were able to buy the debt at a discount, they could make money "coming and going" on this deal. The last CC, management stated that the debt was trading at a pretty steep discount, yielding "in the mid-teens". How much of the debt was actually traded at these prices, I have no idea. (Hopefully some big bond holders had liquidity problems and had to dump their debt last year. It would be nice to see this company use the recent downturn to their advantage rather than just be victimized by it).

8.02+0.02(+0.25%)May 1 3:55 PMEDT