Yes, good point ... cpt's two subsidiaries are controlled, they have hands-on management of them and the cpt books include those of the subs ... not really comparable with the ekp, pnp, ite, ven/itm crowd which all hold scattered minority interests in ventures waiting on possible IPOs ... here's the measure by which i've been gauging interest in that sort of thing - quote.yahoo.com
... about to recover from a serious slump, maybe ... they're all crossing their 50-days ... same general graph shape as us - quote.yahoo.com
Offhand i can't think of a comparable with controlled subs ... Noranda?? ... hardly useful, it's a far different sector ...
So using the 20% discount on a scenario of two flat-out-of-the-gate ho-hum IPOs as per post 514, that gives a target of ~10.25/sh ... now in the case of SEG tripling from the planned IPO price, and if the system works and the general markets hold up reasonably i think such a thing could happen, that makes for a target of .... um, let's see, 113mCdn times 3 equals 339mC times 0.8 equals 271mC divided by 14m fd equals .... oooh, 19.37 Cdn/sh plus a value for CIBT ... gee, these batteries sure work good ... i'm gonna get a cord and plug this thing into the wall and see what happens. |
