I respectfully disagree with that calculation. All guess work.
We all know that in front of everything comes a company valuation and that is not for amateurs.
DCF calculation conducted by you using $800mill revenue and 15% net profit was $3 per share. Why would I then sell my share for $0.09?
Are we here listening to the last remaining shorts squealing to get out on the cheap?
The runt?
Interesting times with the 600mill lawsuit of Watchstone going ahead.
Fraudelent misrepresentation sounds pretty much like the real deal when reading through their claim.
That we didn't get the information we should have does not sound like an honest Watchstone mistake to me and I dare to say there could be some insurance coming our way also.
I can't wait for the next chapter.
Big fish (SGH) eats small fish (Watchstone)
All in my opinion.
- Forums
- ASX - By Stock
- SGH
- Quindell's buyers sue to reclaim every penny spent
Quindell's buyers sue to reclaim every penny spent, page-123
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SGH (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online