RE:RE:RE:RE:RE:RE:RE:Cash Value ...schocor wrote:
Chianchin wrote: Since you all are so smart, about doing a reverse calcualtion for how GBT lost in the last quarter? Gud Did not provide "interesting" that but I am curious if you know it. It is very simple to do it. Do the math and tell it to this forum
sigh cjisnchin. Were the losses from gbt this quarter OPERATIONS losses or FINANCIAL/INVEST!ENT losses? Exactly. You can only write a cash flow positive business down so far. SO gbt has value. swing and a miss.
the integration of the latin america assets seems to have taken a step forward this quarter. There wasnt much discussed in the uses for that credit line. They did say there were agressivly buying back shares at 5.25 in the last 3 months. There are a few new theraputics released as well.
It would be nice to see this trade in the 5.25-5.75 range for the next quarter, but this is a long term hold for me.
Exactly ... this has to be viewed as a long term play.
They have work to do with the century home they purchased but it's in a prime location and it's spacious. It just needs some work ... some TLC.
In other news ...
A little birdy tells me Benny has finally given up - sold all his GUD shares. GUD for him as he just doesn't understand this investment. He's now touting the glory of ATE - haven't the heart to remind him that ATE started back in 2009 and that has been a long and bumpy 12 years. You also have to add the years they were chasing NO as a gaseous mediator - before realizing H2S would be their future.
Moral of the story - growth companies need time to establish their base and grow from it. You can't put the roof on first to stay dry ... and decide to add a foundation later. There's no success in that. IMO.
Cheers !