RE:RE:results this weekI really, really hate to agree with you my arch nemesis d_trump but I have to admire this post of yours here.
So, master villain, what's your bid set on CXR? What's your position here bud?
Disclaimer: I own no CXR but it just made my watch list.
This is a manipulated cycle play, I just don't like the manipulators so if started to take a position on any of these, it would be small to start.
We're just $10 away from the 52 week capitulated lows.... VRX leading the pack here is a bloody mess etc etc. You really need a good medical plan to play the healths!
Oh, I'm going easy on d_trump, there's a peace offering on the table. LOL Let's see if this playground is big enough....
d_trump wrote: The problem with looking at net asset value for a company in acquisition mode is that the majority of assets are intangibles such as goodwill. CXR's total assets are 2.4B of which 1.6B is intangible. CXR has 1B of net assets which is $20/share. But if you back out the intangibles, there is a deficit.
Hence why most analysts prefer to look at free cash flow. ie EV/FCF.