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what is onc worth?, page-9

  1. jadenhu
    16 Posts.
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    04/12/12
    15:44
    Post #: 11145469
    This is how I would value ONC:
    Cash $24mil
    Smartpass $30mil - pe of 10
    Buffet Club $10mil - pe of 10
    Total of $64mil

    I believe the licence issue will be solved. The Buffet Club business in China is growing rapidly - PBIT $15k (2010), $186k (2011) and $976k (2012).
    TFL Price at posting: 18.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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