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still debating about NEA ??? :)

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Pomodoro

5,167 Posts.

163

02/11/22

18:00

Post #: 64552060
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Originally posted by Periculum: ↑

Not at all CB.

Of course this is my personal opinion and need not be right.

WTC has a PE ratio (in the 90's) that reads like a book in a Halloween series.

With a cap of $19.37B and a profit of only $194M that a 1% ROI. The $194M profit sounds impressive till you see how much is invested. You would be better off putting your money in a bank. With -ve interest rate gone, you could make more money without effort or [too much] risk.

They have grown organically but had a massive war chest AND are paying dividends, albeit modest.

NEA decided to use their developing cash flow to feed egos and not their investors pockets without a war chest, using cash flow to service the expansion.

Therefore I don't see them as similar.

The other difference I perceive is that despite his considerable % holding, Richard White runs WTC like a share holder business. Our NEA CEO and Board seem to think this is their family business to do with what they please.

Again, personal opinion only happy to hear other thoughts.

For the others out there, make sure your no vote is in and avoid your proxies going to the BOD or my comment above will be proved.

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still debating about NEA ???

NEA Price at posting: $2.08 Sentiment: None Disclosure: Not Held
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