I can do the NAV, but not regularly.
as of Friday's closing prices, I get a NAV of $2.50 per share, so SFE is trading at a 227% premium.
However, in the bubble days, there were a dozen or more public companies contributing, and now there are only 4 (Sanchez, ChromaVision, Compucom, and eMERGE). This means more of SFE's price is derived from the private portfolio:
Alliance, Mantas, NextOne, ProModel, Pacific Title, and the 11 (!) private equity funds.
Once the IPOs start, look out!
John
PS: Remember the old NAV? bluering.com and bluering.com (graph) |
