I respectfully disagree with that calculation. All guess work.
We all know that in front of everything comes a company valuation and that is not for amateurs.
DCF calculation conducted by you using $800mill revenue and 15% net profit was $3 per share. Why would I then sell my share for $0.09?
Are we here listening to the last remaining shorts squealing to get out on the cheap?
The runt?
Interesting times with the 600mill lawsuit of Watchstone going ahead.
Fraudelent misrepresentation sounds pretty much like the real deal when reading through their claim.
That we didn't get the information we should have does not sound like an honest Watchstone mistake to me and I dare to say there could be some insurance coming our way also.
I can't wait for the next chapter.
Big fish (SGH) eats small fish (Watchstone)
All in my opinion.
