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$2.14 aveo group

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Mkr

2,156 Posts.

65

28/02/19

14:09

Post #: 37604033
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Originally posted by kiwisteve1968 ↑

What I think is going to happen here is a sale to private equity at around $3 per share, private equity love these types of asset, I have owned shares in care homes in UK/OZ/NZ/US for 20 years+ and they always get eaten by PE firms at this point in the cycle, I am sure behind the scenes mulpha are organizing an auction of sorts, once Aveo is sold the funds will fully delever Mulpha who own 22% of aveo, even at current prices the aveo stake is worth more than their whole market cap, once this has left mulpha de-levered the family behind mulpha can then take it private by re-levering, Mulpha which also owns assets like Hayman island resort and the sydney intercontinental has a true Nav per share of over 10 myr and a share price of 2.25 , so I expect a takeout there at 5+ , holders here han make a nice turn on aveo being taken out and then compound that by the next leg of the trade Mulpha takeout ..... I sold out of INA last week to buy Aveo and more Mulpha

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Choice broooeeeee

AOG Price at posting: $2.13 Sentiment: Hold Disclosure: Held
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