I would love to buy the businesses that you sell...
please throw that crap finance text away - ive read plenty in my years. and stop putting a blanket 'if its abnormals' we ignore in valuations - its always been a dangerous concept for corporates. for instance, with asset writedowns you see company's investor relations team always say "oh oh - its non-cash etc etc"...but does it not suggest a mistake of overpaying in the past...
anyways back to your comments...I would love to own a business that won a lottery ticket - does it not mean that $20mil assets just been included in your BS??
Do you not do valuations based on assets?
My last post before back to work... good luck with it all.
SGH Price at posting:
9.2¢ Sentiment: None Disclosure: Not Held
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