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rogerklam Site Admin

Joined: 07 Apr 2004 Posts: 7526 Location: Thornhill, Ontario
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Posted: Mon Sep 24, 2012 7:46 pm Post subject: mega brand |
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http://www.stockwatch.com/News.....p;region=C
Chart
http://bigcharts.marketwatch.c.....mp;time=20
Warrant info - strike price $9.95 expirey date 30-mar-15. 20 warrants for one share.
Mega Brands Inc (2)
Symbol C : MB
Shares Issued 16,363,660
Close 2012-09-21 C$ 9.36
Recent Sedar Documents
View Original Document
Globe says Bertrand, Fairfax betting on Mega Brands
2012-09-24 06:30 ET - In the News
The Globe and Mail reports in its Saturday edition that on July 27, Mega Brands ($9.36) announced second quarter earnings of 10 cents per share, up from two cents a year earlier. The Globe's Ted Dixon writes in the Who's Buy and Selling column that rising North American sales helped drive the advance. Since the news, the stock is up about 40 per cent. At least one director seems to be showing long-term confidence. Between Sept. 12 and Sept. 14, board chair Victor Bertrand bought 400,000 shares in the public market at an average price of $9.14. Fairfax Financial Holdings also bought 323,337 shares on Sept. 14. The Globe's Fabrice Taylor was bullish on Mega Brands on Sept. 7, 2011. The stock was then worth $8.20. Mr. Taylor said if management can pull off a turnaround, investors will benefit from rising earnings and a rising multiple. It was Mr. Taylor's expectation that Mega Brands would buck the negative macro trend. Versant Partners analyst Neil Linsdell said buy Mega Brands in The Globe on Sept. 29, 2011, when it was worth $8.80. BMO Capital Markets analyst Gerrick Johnson upgraded Mega Brands to "outperform" from "market perform" in The Globe on Aug. 29, 2012. The stock was then worth $7.98.
insider buying
Filing
Date Transaction
Date Insider Name Ownership
Type Securities Nature of transaction # or value acquired or disposed of Price
Sep 18/12 Sep 14/12 Fairfax Financial Holdings Limited Indirect Ownership Common Shares 10 - Acquisition in the public market 323,337 $8.80
Sep 18/12 Sep 14/12 Bertrand, Victor Joseph Indirect Ownership Common Shares 10 - Acquisition in the public market 200 $9.05
Sep 18/12 Sep 14/12 Bertrand, Victor Joseph Indirect Ownership Common Shares 10 - Acquisition in the public market 99,800 $9.06
Sep 14/12 Sep 12/12 Bertrand, Victor Joseph Indirect Ownership Common Shares 10 - Acquisition in the public market 200,000 $9.25
Sep 14/12 Sep 12/12 Bertrand, Victor Joseph Indirect Ownership Common Shares 10 - Acquisition in the public market 100,000 $9.00
Institution holdings
http://apps.cnbc.com/view.asp?.....country=CA |
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rogerklam Site Admin

Joined: 07 Apr 2004 Posts: 7526 Location: Thornhill, Ontario
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Posted: Mon Apr 15, 2013 5:03 pm Post subject: pay day |
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I have so much problem to understand this "Offer of a cashless exercise right to the holders of the Warrants". It seems to me the Co. want to retire your warrants and you don't have to pay cash for the shares. The deal is good to me if I want to capitalize my profit into shares. If I do see the share is going to appreciated more, I may as well keep my warrants.
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rogerklam Site Admin

Joined: 07 Apr 2004 Posts: 7526 Location: Thornhill, Ontario
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Posted: Tue Apr 23, 2013 7:46 pm Post subject: |
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Quote: | Long Mega Blocks Warrants (MB.WT-T) and Short Mega Blocks (MB-T). A pairs trade. Warrants are composed of 2 parts 1) time value and 2) the intrinsic value (“in the money” value). 2 years ago it was 100% time value because the share price was worth a lot less. Now in the money, the strike price is close to $10 and is currently trading at about $4.75. The warrant is trading at about $0.24.5. You are essentially getting the optionality of the warrants for free. |
http://www.stockchase.com/expe.....ega-Brands |
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rogerklam Site Admin

Joined: 07 Apr 2004 Posts: 7526 Location: Thornhill, Ontario
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