TSX:CRW.UN - Post by User
Post by
fireintheholeon Nov 06, 2007 12:30pm
398 Views
Post# 13760278
What is CRW really worth?
What is CRW really worth?Saw this analysis on another investment bullboard.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Just had a look at the most recent financials. The assets minus liabilities are $438 million. There are 58 million shares outstanding. This gives a book value of about $7.55 a share. You should also look at TANGIBLE net assets, which excludes goodwill and other intangibles. Backing out the intangibles, you get tangible assets minus liabilites of negative $75 million, for a tangible net book value of negative $1.29 a share.