RE: I'm expecting to .....10 Aug 2019 14:11
say the currently TCG owes 1.5 billions to banks and bond holders. lets assume the current bond value being 25% of the face vlaue, offer them say 35% to 40% and same amount to the banks and i am sure they will happily accept it, knowingly as you keep saying TCG is worth nothing or it's worth what they owe, that is if they manage to sell the business for what they owe. with cost saving and having decent management team, the whole company will be worth much more. Then say in 12 to 24 months sell the Airlines, which are worth much more then they were valued as fire sale. Before you know you have TCG, which is money making machine.