SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Turnarund Investing
NOVS 0.0666-16.0%Aug 1 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: batman10023 who wrote (755)4/29/2012 4:59:23 PM
From: KirbyJF11 Recommendation  Read Replies (2) of 1876
 
Battie Says:::i haven't seen a single shareholder articulate what the earnings will be excluding bond income and the real interest rate on the debt.

Battie-- What does that have to do with the Price of Tea in China??????

Bond Interest is only a bonus as its a decaying asset- (((They haven't made loans for 5 years & according to their business plan have exited the business. Any reference to that aspect of their former business plan is pure Bull as it has nothing to do with their future potential earnings.
Any investor worth his salt will have a spreadsheet showing the profit with different senario's of potential revenues. The other revenues & earnings of the other subs is unquantifiable at the present time & is very difficult to put on any value untill they have a couple of years of operation.((The Investor must make a subjective opinion & price the stock accordingly. You failed to comment on the $100,000,000.00 in NOL that is now starting to be used to offset their present profits. What is the value of that asset, that not even on the balance sheet because of the Gaap accounting rules?

Kirby
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext