TSXV:KUR.H - Post by User
Comment by
locust1on Feb 01, 2001 1:06pm
346 Views
Post# 3239889
rebellion555, Pls Read.
rebellion555, Pls Read.So what if UBS sell studio division for $800 grand but paid $1.1 million initially? The MAIN point is that that division has $800 grand in account. That bring the total sale to $1.6 million. Substracting $1.6m & $1.1 m, the PROFIT is indeed $500 grand.
Do you think that your bashing will bring UBS stock down? You're wrong. UBS has $30 million cash. UBS's revenues for this year is at least $70 million mainly based upon last year's Hughes Network contract. Growth is currently 5-fold compared to last year. And with positive earnings, I do not think that investors will easily give up UBS at current price range.