RE:RE:RE:DM current FMV after financials is now $8.15 !!!! ... the real question is, does Simply Wall Street give an extremely high increase rating for the FMV over the current SP of a stock for EVERY STOCK?... And, if you do your own DD, you will find they do not... Some FMV are the same as market SP and some are even much lower than market SP of a stock... Whatever Simply Wall street's reputation is, it wouldn't be worth much if they stated the FMV of every stock at 300% above market SP just to attract attention... Yet, there, DM's FMV is calculated at over $8 now, up from over $5 pre 2022 fins... You may try to argue that SW is full of it, which is not my position as it seems to be a legit site with multiple inputs and analysis... but you can't argue that SW doesn't use a consistent formula and process and let's the FMV of any stock fall where it does...they do this... And that is the case for DM with SW... that the FMV for DM is now above $8 per share... All IMO. DYODD.
Hoover69 wrote: Totally agree with Yeehaw here. I am long DM but to talk about $8 is ludicrous. The stock has never traded higher than $.40, and has traded downward for the last number of months. Trailing PE is 6; at $8.15 that would be a PE of over 300 - and the earnings are not all recurring. The market thinks it is worth $0.16 and thus here we are.
PS happy to sell my shares to anyone for $8; just let me know.
Yeehaw1 wrote:
i am not criticizing you ... all i am saying on paper or any theoretical knowledge is good but right DM is on down side.... this FMV is mean nothing at this moment.
In theory you can prove anything you want but reality may be DM 5c
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