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Thanks for the insight Reg. Would some valuation models have an...

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astrogirl10

111 Posts.

112

17/06/21

09:08

Post #: 53889537
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Originally posted by reg9400: ↑

Yes astrogirl, a lot of pure valuation models have had BET as being overvalued for a long time…….and it has affected those that follow that theory…..I think ‘Glossy’ applied the valuation model and got out with a tidy sum….but most wont get back in until the Valuation model changes.

The problem with some valuation models is that they only look at current financials ie in BET’s case Rev of $14-16M and there is nothing wrong with that as it is based on actuals……..but you need to have a balance consider the future $62M BET & Sportech…..Its just the difference between short term trading and longterm investing.

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Thanks for the insight Reg.

Would some valuation models have an element of future forecasts built in?

Or in BET's case it maybe difficult to assess just how large its revenues could become, as converting the USA to fixed odds betting is a structural shift within the industry, and many investors may underestimate what effect this transformation may have.

BET Price at posting: $1.08 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 8.3¢		Change 0.003(3.75%)		Mkt cap ! $80.10M

Open	High	Low	Value	Volume
8.2¢	9.0¢	8.0¢	$166.3K	1.996M

Buyers (Bids)

No.	Vol.	Price($)
1	146632	8.3¢

Sellers (Offers)

Price($)	Vol.	No.
8.5¢	37500	1

View Market Depth

No.	Vol.	Price($)
1	146632	0.083
3	195257	0.080
3	249000	0.079
2	350188	0.078
7	339035	0.077

Price($)	Vol.	No.
0.085	37500	1
0.086	107238	2
0.087	30000	1
0.088	79000	2
0.089	15909	1

Last trade - 15.45pm 30/07/2024 (20 minute delay)

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