Member Info for surprised

Hi Rosy...with respect, are you holding your shares through the transfer to Block shares or selling your holding ?

....the figures are clear re value as per rns ----'' the Consideration Shares equate to a value of £78.1m which, together with the £6.5m of cash and other assets equates to £84.6m '' ...that equates to around 75 as it stands....current mcap is just £55m at 52p !

...and if as you repeatedly post the bod sell at a low price that would be contray to the rns as per----- ''We believe this outcome provides our shareholders with an opportunity to continue the exciting Afterpay journey now directly with Block and we as a Board see continued long term value accretion with this outcome."

maybe the bod will keep the Square shares, add value as the rns suggests over time and clearly there appears to be a value gap from current figures of 53p to 75p .....add in the potential for a forward look and increasingfurther value in fintech, bnpl and square's ambition to develop there may be some substantial upside ahead as per the rns

https://twitter.com/surprised_trade/status/1474143028604542982

56p..current sp equates to mcap of just £59m....the Square/Block deal translates on current prices to #TSL mcap of £85m, sp approx 75p+ ...looks like a value gap to me

interesting couple of weeks upcoming....some will sell like Rosy895 and others will add/buy...it's what makes a market ;-)

https://twitter.com/surprised_trade/status/1474137076295733250

ThinkSmart to trade its remaining ClearPay shares for £85m stake in Block

Based on the Block closing share price on December 17, 2021, and the agreed ratio of 0.375 Block shares for each Afterpay share (and using 1.3239 USD:1 GBP) on implementation of the Scheme, the Consideration Shares equate to a value of £78.1 million which, along with the £6.5 million of cash and other assets (being £9.5 million of net assets at June 30, 2021 less £3 million returned to shareholders on December 8, 2021) equates to £84.6 million.

This is generally in line with ThinkSmart’s closing market cap on December 17, 2021 of £86.3 million.

Block share price on December 17 had reportedly closed 30% below its average since August 2, 2021. However, despite this reduction in the value of Block shares, the Directors think there is considerable potential for future value accretion

Executive Chairperson at ThinkSmart, stated:

“We believe this outcome provides our shareholders with an opportunity to continue the exciting Afterpay journey now directly with Block and we as a Board see continued long term value accretion with this outcome.”

https://www.crowdfundinsider.com/2021/12/184509-thinksmart-ltd-to-sell-clearpay-stake-to-afterpay/

https://www.fool.com/investing/2021/12/22/heres-why-i-love-that-square-changed-its-name-to-b/

https://twitter.com/surprised_trade/status/1473934656781406210

disconnect remains between share price & company value not being reflected yet in the sp...excellent business, figures and growth

https://twitter.com/surprised_trade/status/1473687995832320001

https://*********************/newsfeed/article/bango-plc-director-pdmr-shareholding-1331105

https://twitter.com/surprised_trade/status/1473682149710745611

bod gone early on a deal, surprisingly, Block/square/afterpay shares heading their way to holders, mcap on current values approx £85m, not as good as led to believe, however, not as bad as sp suggests @ current £62mcap..will Block fill the gap back to 100p+

good spot rivaldo, more excellent news.....the sp action once again suggest we lost a £30 milion contarct not just secured one ...face palm....lol

excuse spell errors ,

Hi Dartron, as state the bod have skin in the game, and as stated yesterday, their share the same issues as us pi's re the Block/square/afterpay deal, they are very much alligned.....clealry the deal is not asgood at this immediate juncture than what was signed off in the accounts and we all understood to be the case, however, imo based on the figures and values detailed the deal is not as we hoped at this minute but importantly it is nowhere near as bad as the current sp suggest....clealry an mcap of around 85 million quid reflects current values rather than the current sp at 58p and 62 million quid...to me based on todays figures that is a value gap, TSL oversold and undervalued on the figures and values published....so an sp closer to 80p seems fairer value, ..if Block grows as consensus suggests clealry further value awaits...the deal will no doubt pass as the bod hold 40% and no doubt further details of why now and the reasoning will become clearer soon

excellent contract on top of the consistent securing of contracts across the industry, the company has produced excellent results along with forward guidance and excelent earnings, the sp as per the brokers note is way behind reflecting the success the company is enjoying and at some point this coiled spring of an sp will surely head towards faireer value of closer to 140p+

https://twitter.com/surprised_trade/status/1473551879770566658

excellent contract on top of the consistent securingof contractsacross the industry, the company hasproduced excellent results along with forward guidance od excelent earnings, the so as per the brokers note is way behind reflecting the success the company is enjoying andat some point this coiled spring of an sp will surely head towards faireer value of closer to 140p+

and Block up 8 percent today to $170 from $158.....every little helps

and with respect to square, I simply posted the details of 32 analysts offering 12-month price forecasts for Block that have a median target of $300.00, The median estimate represents a n +89% increase from the last price of $158.22.

hopefully the post(s) offer balance and information for people to make their own informed decison

https://money.cnn.com/quote/forecast/forecast.html?symb=SQ

Hi redye, if you read my posts I clearly stated the deal as it stands is not as expected etc...if you take time to look at the whole picture and the current knowns each can make theirown decisions based on what we think...the mkt is made by different views and understandings..if someone thinks they should sell at less than a cleary defined intrinsic value say 57p as opposed to closer to 80p that is exacty what makes a mkt....if someone sells because they are dissapointed, angry, shocked at an sp drop or all thse aspects combine to make someone inclined to push the sell button that is also part of the way markets work....some will also see the turmoil at such times and have a different view, maybe seeing opportunity, or an over reaction etc.....all part of what makes a mkt......and importantly a bb is for an exchange of views, ....where large sums of money are involved in such deals there is money to be nade for the major parties on both the 'journey' down and backup again .....we all have different takes and understandings, I hold all my shares here and have no intention of offloading any down at these levels based on the current figures and the forward look on the square/block potential sp rises ahead...will the shorts reduce on those over coming weeks ? will Kinderhook have reduced or added to their holding in past few days ? will the sp start to rebound in the next couple of days ? .....interesting next few days :-)

Hi Bp, it has, and clearly the deal is not what was expected. The balance sheer was signed off with the additional value and all commentary supported that valuatuon etc. I have no idea why the bod have gone early on the deal or why at this level, someone may correct e but they have a large stake in TSL from memory so shares in Block at current value is their 'issue' too as well as ours....I'm sure as we go throught the next few weeks and more detail and reason is in the public domain we will find out....as stated earlier clearly this deal on current knowns and prices is not as good as expected, however, it is importantly nowhere near as bad as the current sp suggets......Block shares, are ' co-incidentally' at their lows and as stated earier 32 analysts, no small number , have median expectation of an 89 percent uplift in the share value, so maybe that also supports the fact that the deal is nowhere near as bad as the current sp level...and typically we buy on the basis oif not current or past prices but of the potential uplift....there is clearly a value gap on current sp to current fair value detailed earlier on known knowns, add in some potential and it does appear TSL is oversold and under valued at current sp..

With respect barnetpetr , most analysts cut their targets, however, the median out of 32 of them still suggests that 89 percent uplift, half of that would make TSl holders a lot happier ....

The 32 analysts offering 12-month price forecasts for Block Inc have a median target of $300.00, The median estimate represents a +89% increase from the last price of $158.22.

https://money.cnn.com/quote/forecast/forecast.html?symb=SQ