RE:RE:RE:RE:RE:Taking it in the Chinyou cannot use an 8 times multiple here with the lack of visibility on the numbers - if they can deliver 4 qtr.'s of solid numbers and no surprises you could start getting closer but pointless right now
ryehigh2014 wrote: Yup I understand what your saying. But to get equity value from EV you add back Cash and other non-core assets and NOLs. It is definitely more complicated. Anyways your original point still stands.
If you use an 8x multiple it doesnt justify a 4$ USD share price - its substantially higher.