MYD 0.00% $1.05 mydeal.com.au limited

$1 ipo party .., page-2

  1. 1,071 Posts.
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    morgans will probably revalue this to 1 dollar very soon. thats what these analyst do. valuing this at 438 million is like 20 to 30 times sales. but even at this level, its like 10x sales. always said if this drops to 50 cents ish, then you have some value to go buy because at that point you would maybe pay 100 mill for the business leaving 40 million in potential cash investment you receive for free. at even 250 million market cap you pay more than what you will retain at any point in time. with market now going for yield and not growth this is pretty much why this is turning. if you trust in the long term prospects you buy, but also protect your self from loosing. go look at temple everyone is saying they basically got out.
    Last edited by mike31993: 11/03/21
 
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