AKP 0.00% $6.20 audio pixels holdings limited

I find it interesting people are asking others to value the...

  1. 383 Posts.
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    I find it interesting people are asking others to value the company.... as in, will it go to $100? $200? $300? etc
    When Warren Buffett used to teach an investing course in a college, the final exam question he set his students was to value a tech company that had zero earnings.
    If a student gave an answer, Buffett failed that student.
    It is literally impossible to value a company with no earnings.
    Sure, you can speculate, you can believe, you can predict but no figure that anybody suggests has one iota of value in terms of actually putting a dollar value on the company. Really, the value you find in AKP is based on your imagination.
    Certainly it is encouraging that Fred and the directors hold large parcels which they do not sell. That is a great thing.
    But anybody who thinks they can value the company is a liar, and anybody asking somebody else to value the company is just begging for hope.
 
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