How does this make any sense?Morningstar Reports drives me crazy. I can never understand how they value organizations. higher expected returns but lets reduce our fair value price.....
Lets look at some examples
Jan 4th, WTI @ $62
Morning star projects total return % @ 8.5 giving BTE a value of 3.58
Jan 10th, WTI @ $63.5
Morning star projects total return % @ 6.6 giving BTE a value of 3.47
Jan 11th, WTI @ $64
Morning star projects total return % @ 9.3 giving BTE a value of 3.39
This is why I have trust issues....
Saba