TSX:CHE.DB.E - Post by User
Comment by
Rbmacon Mar 01, 2007 11:04am
183 Views
Post# 12334309
RE: TimeScape-Calc
RE: TimeScape-CalcHere's a quick one:
1. Assets - Liabilities = 247 million (Dec 31, 2006)
2. Shares O/S 33.6 million
3. 1/2 = $7.37 per Share.
Yes, I realize that if you take a Benjamin Graham type approach, one would discount the intangibles and goodwill. But I don't see that as fair for this company. As other posters pointed out you need to consider more than the NAV in terms of predicting what it might fetch if sold.