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question?, page-12

  1. 7,626 Posts.
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    Just dawned on me.
    We are forgetting "Goliath"...NNW (Wuxian)
    Perhaps more advanced than SMA ,but similar business & partnerships.....In the same market.
    The market put a value of $450m on NNW & decided to ascribe 10% of this value to SMA.
    Two scenarios may evolve:
    1) The percentage of SMA to NNW remains at 10%.
    2) The market may decide in his wisdom to be more generous to SMA & push SMAs valuation to say 15 or 20% of NNWs.
    My metric will be at least SMA 10% of NNW.
    Worth putting NNW firmly on your watch list.

 
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