Con Aero Tech (232 HK): Q&A With The Other FA
Back on the 5th June, SOE-backed plane engine maker Continental Aerospace Technologies (232 HK)‘s entered into an SPA to sell its core business, potentially leading to a substantial cash distribution.
In Con Aero Tech (232 HK): Q&A With The FA, I discussed my one-on-one with the FA to the Purchaser.
In this insight, I discuss my one-on-one with the FA to the Seller - or Con Aero Tech.
This insight specifically discusses the Q&A with the FA to Con Aero Tech. The Q&A transcript below is not verbatim.
The Trade:
Buy here or below, assuming the low-end dividend payment in Oct/Nov (my estimate).
I would include the dividend from the property sale, which should be distributed shortly after the SPA distribution.
I would not factor in any winding up dividend, which is less known/assured.
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