The analysis says SamSung buys SanDisk to want every 35 dollars
October 6, 2008
Time of Beijing of dispatch of sina science and technology on October 6 message, foreign media reports, say according to personage of know the inside story, if SamSung wants to buy SanDisk successfully, need to will quote promotion comes to every 34 dollars 36 dollars.
On September 16, samSung puts forward formally with every 26 dollars, 5.85 billion dollar buys amount SanDisk. To this, sanDisk is in send SamSung CEO Li Runyu (say in the correspondence of Yoon-Woo Lee) , this quote underestimated SanDisk real value.
SanDisk did not divulge the ideal in memory quotes, but disclose according to personage of know the inside story, the quoted price that every 35 dollars control is the price that SanDisk can accept. And SamSung thinks, with SanDisk 9 month photograph of price of 15 days of closing quotation is compared, current quoted price already excessive price 80% . Accordingly, this quote fairness, reasonable.
The analyst thinks, because multinomial core shows hold,put patent, sanDisk seeks other higher quoted price probably. But in view of SanDisk current share price, samSung also is not willing to give out to quote too high. Because economy is low,confuse, market demand glides, sanDisk battalion closes already peep declining tendency. Last year October up to now, company share price is to glide more 60% much.
On September 17, daniel of analyst of Lazard capital market · emir (Daniel Amir) ever expressed: “SanDisk asks for every 64 dollars probably to SamSung, but this is not actual. To SamSung character, left and right sides of every 35 dollars is the limit. ” beautiful banner analyst Keleige Elise (Craig Ellis) thinks, samSung will quote promotion comes to every 28 dollars probably 30 dollars. But before in patent accredit is expended and the problem such as antitrust is solved, sanDisk won’t accept this quoted price.
Accredit agreement expires
Current, samSung and SanDisk are shining in renegotiate put accredit to permit an agreement, current agreement will expire 2009. According to current agreement, samSung should pay those who restrain 350 million dollar every year to shine to SanDisk collect technical patent fee. If buy SanDisk, samSung need not pay the accredit that is as high as a few dollars every year fee.
Accordingly, sanDisk author holds · of CEO Yi Lai concurrently to breath out Ravi (Eli Harari) thinks, the quoted price with current SamSung is too low, it is loot a burning house simply. Halali says: “SanDisk partner behoove wins taller compensation, but current quoted price did not reflect SanDisk the real value to SamSung. But current quoted price did not reflect SanDisk the real value to SamSung..
SanDisk expresses, if be in,still cannot reach before August next year trade, both sides needs the permissive agreement with new negotiation. Last year, the patent license battalion of SanDisk closes for 450 million dollar, 12% what hold gross earnings of 4 billion dollar. (Li Ming)
Relevant report:
The message says SamSung electron plans to buy Sandisk
Ready money of 5.8 billion dollar buys SamSung SanDisk meets with refus
Toshiba says to buy SanDisk of purpose
Tags: Analysis, buys, SamSung, says, TheAdvertisement
Latest Headlines
- And write down Huang Bu to march formally mobile phone market
- AT
- The message says grand the Touch HD that amount to report will become G2 of Gu Ge mobile phone
- Pass Woerma to will begin to sell 3G edition IPhone on November 15
- Microsoft admits Vista user account controls a function to have a problem
- Network game develops business to become visitor of the 6th aerospace
- HP chip of Nvidia of trouble of 38 table engine exposing to the sun is chief culprit
- Hollywood sues RealNetworks execute one as a warning to others
- Two men download bawdy information to be trafficced through the mobile phone seek profit to be detained
- The safety that browse is become suffer from 360 push ” privacy is browsed ” mode
