short term trading week starting -14th oct, page-135

  1. 7,626 Posts.
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    Cheers strauss,
    BPG is a mixed bag...Wine merchants + IT.
    Admittedly the have a small +ve cash flow ,but they have no cash , Large debt for it MC ( $2m)...Negative net assets of nearly $7m.....You can say it has an EV of $15m.
    Not much safety margin.
    Can't say how big it can grow or how.
    Tightly held & could prove illiquid.
    OK to trade ,but I doubt that it will get your heart racing....Will not chase it.
 
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