Thread, someone ought to find out exactly how much the "goodwill" amounts to in the intangible assets in the last 10Q before they caluculate BV for decision purposes...
sec.gov
You might want to start looking in the Notes about the AFW Acquisition on October 2, 1995 in the 10K filed for the year ending 9/30/96:
sec.gov
"Intangible assets, primarily goodwill 43,099" That's millions...
Some of that may have been amortized subsequent to the purchase and original reporting...the Company should be able to answer the question..."How much of that Intangible Asset is still on the books?" Note: One can dig it up for himself...
All the standard disclaimers, usual and unusual...in it for myself, was in over two years ago; and, looking for a place to get back in, high risk, buy and stay at your own peril, do your own research and read your own tea leaves, do your own hypothesizing, do your own guessing and pencil work, row your own boat, be responsible for your own actions, nothing presented here is a recommendation to Buy, Hold, or Sell anything, contribute to the discussion by presenting an articulated rational point of view based on facts at hand, beat your own drum, do your own thing, you are responsible for your own decisions, admit mistakes openly and correct same as soon as possible, observe others's intellectual property and copy rights, respect each other's opinions, etc., ad nauseam...and, if you're unsure of anything here, go look it up, go research it for yourself...in the end, if you're the one with the bag on a "Snipe Hunt", you deserve what you get...nothing! |
