QHL 0.00% 26.0¢ quickstep holdings limited

manipulation for accumulation, page-10

  1. 233 Posts.
    lightbulb Created with Sketch. 42
    there's no such thing as "fair market value"

    theres market value and there's "fair" value

    the DCF is a "fair" value or unrisked valuation

    I guess it's better to say that because we're still 2 yrs from cashflows, there's still plenty of risks and hence a discount needs to be applied to the "unrisked valuation"
 
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