Ive always said that intangibles don't matter, personally, Ive done all my calculations without intangibles included as I have always thought the goodwill was too high. Even without intangibles considered, the equity minus intangibles is still higher than the current market cap. So yeah, equity alone is one good reason to buy in my opinion
*Not financial advice, do your own research.
Ann: CI1 - Profit Warning, page-61
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