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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Difco who wrote (44730)10/2/2011 12:00:10 AM
From: Jurgis Bekepuris  Respond to of 78666
 
How do you get to the $3 billion valuation?

I took the current valuation and divided by 2. :) Seriously, it's not much more than that. :) I looked at 3B, 4B valuation and various metrics like E/EV, PSR, etc. I would not invest at 4B, I might invest at 3B. Would I invest at 3.2B? I think it becomes hair splitting pointless game there, since I doubt it will get to these prices.

I hope you are right that it goes even lower from here.

Do you expect to invest in it? Personally, I don't.