re: the proof (tadtarga) Your 1st point:
Yes, understand that. Current day value of the Net Profit after tax is the number, not Net Present Value - That's a maths technique - Help Us Please - Then muliple that by 8 to get the Market Cap - What the business is worth after its been operating for 15 years not the NTA - which is different again. Cashflow, asset, profit, goodwill, expansion, think about it.
2nd point :
They are probably laughing because you didn't seem to understand what was represented - NPV of what - earnings, cashflow, EDITBA, EBIT - which number were you asking them, or were you really confused ??
Watch ady tomorrow is my advice.
Remember to do your own research and seek financial advise if needed. Your Choice.
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