DUe to much confusion I am re-posting the following:
Some folks have been looking for ways to calculate NAV for SoftBank. Here is one:
First, I am valuing the non-listed securities as follows (in US $$$):
Unlisted Non-Internet Assets 1,869,000,000
Unlisted YAHOO Stakes 5,403,000,000
Unlisted Japan Focused Int. JVs 1,734,000,000
Unlisted (ex Japan JVs and Yahoos) 2,140,000,000
These numbers are probably low, but since they are not listed, who really knows.
Next, here are the marketable securities and shares the company has. Please let me know if I missed one (some). Also here is a link to their pricing: US Listed: quote.yahoo.com.
Japan Listed pricing:
Trend Micro quote.yahoo.co.jp
Pasona Softbank quote.yahoo.co.jp
SB Technology quote.yahoo.co.jp
Yahoo Japan quote.yahoo.co.jp
BWEB 350,000
CLKS 423,000
CNCX 3,312,000
CPTH 764,000
CYCH 10,000
EELN 2,138,661
EGRP 62,591,688
FLWS 3,696,000
GCTY (YHOO Now) 5,959,021
INIT 1,299,000
INSW 7,841,385
LAUN 508,000
MESG 10,575,775
MLTX 1,602,000
NTOP 5,225,000
TCTY 1,215,000
TSCM 1,470,000
USWB 12,224,000
VRSN 2,024,000
WBVN 46,372,251
YHOO 61,040,687
ZD 71,619,355
Trend Micro 3,150,000
Pasona 1,387,940
SB Technology 2,620,000
Yahoo Japan 14,144
In some situations (many of the US listed) the shares are approximations based on "weightings" of ownership rather than exact share numbers. I do not expect that shares would be off more than 1000 shares. Remember this is just an approximation. |
