You are way off whits
Let's use figures
we are basically left with the Asia Pacific Assets plus the Europe Management rights - post DUKE.
We all agree with that?
The Asia Pacific Assets were valued at $788.6 mill as of 31 Dec 2008 - see the annual report.
let's write them down to $630 mill ..roughly a savage 20% plus write down.
Then let's add the management rights to Europe valued at $210 mill ..(we also have management rights to Duke as a bonus which we will ignore)... so let's keep it at $210 mill.
So I estimate the NTA will become $840 mill post the write down ... $630 + $210 mill
I think the market cap is currently $140 mill ... or a sixth of that !
- Forums
- ASX - By Stock
- VPG
- could vpg tank..?
could vpg tank..?, page-78
-
- There are more pages in this discussion • 42 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 VPG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.79 |
Change
0.000(0.00%) |
Mkt cap ! n/a |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
The Watchlist
NUZ
NEURIZON THERAPEUTICS LIMITED
Michael Thurn, CEO & MD
Michael Thurn
CEO & MD
SPONSORED BY The Market Online