GREY:NMKEF - Post by User
Comment by
Calgary_ABon Nov 14, 2019 6:23am
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Post# 30348979
RE:when an offer is too cheap
RE:when an offer is too cheapthe sad part is a potential good company is run by bad management.
when you have bad management and bad deals were made that hinder the future of the company no multiple offers on the desk, then it becomes hard to consider a "fair value" it's more like "make me an offer"....market dictates the price and the "Fair value"...
MUX bought in 2018 a new built mine that cost over 500 mill for 30mill because the old company had financial difficulties and noone wanted to buy it...so they sold it for whatever they can get for it...
it gets even more difficult when you have bad deals streams made, noone wants to take the old streams...in order to clean those bad deals it would have to go bankrupt first and then you might have more buyers interested...
Tcheck wrote: look what happens in other dealmakings and the concerns raised .
it is good to look at the fairvalue of a company to evaluate an offer .
i come at a fair value of roughly 80 cents to 1$
1.2 bn minus bonds lets say 400 M divided by number of shares 880M.lets say.
we are offered 25 cents
some are even suggesting 10 cents will be the final offer ???loonies or lunatics ?
is there not a discrepancy in your opinions ?
the shareholders of nmx are not been given a good price .
what is the credibility of our ceo?
i just throw numbers just for the sake of the argument
i dont want to stir the pot .
i just read the news
Capgemini's $4 Billion French Deal Is Too Cheap