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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?


To: richardred who wrote (4099)10/2/2023 8:02:07 AM
From: E_K_S  Read Replies (1) | Respond to of 7254
 
Re: CAMP purchase of LOJN 2/2016 for $134 million.

Wow, that represents a $4.06/share price in CAMP share valuation. CAMP paid cash too. Fast forward 7 years and CAMP shares trading at $0.41/share.

In 2016 CAMP shares were trading around $14.50/share and were earning approx. $0.45/share earnings (from 2016 through 2017). Sometime in 2018 they never earned any more money and posted losses each quarter between $0.11 & $0.22 per shares).

Could be a value trap, but still think this is worth more than $0.41/share. May look at an exit price of between $1.25/share - $4.50/share. It's all about earnings this week.