Post by
Accountprince on Sep 14, 2023 3:16pm
EBITDA Bay Street
Had to clean up this post as the Community watchdog didn't like it. I think it was Bay Street's initials in HIS title they found violated standards (so why is his still up?). Anyway see below cleaned up:
Looks like Bay Street Wild sold his shares at $0.375 so he must have exited the scene. His compatriots seem to be holding their own version of a vigil for him.
The oily guy is indignant with MM for using the publicized information for EBITDA provided by those running Spectral in his calculations. Didn't say where one should go to find numbers he considers reliable. Crystal balls? Reach upwards and pull some down? Where oh where...
Hmmmmmmm is calling out MM for not taking account of Baxter's share of revenue. It's already taken account of in managements numbers!! And he was the one lobbying to be our shareholder activist?
Gotta love Stocktree. He's admonishing MM for using EBITDA - a standard used in every business deal, investment dealer, valuation metric and business M & A on the planet earth. Apparently he found a quote from Buffett knocking it so it invalidates the rest of mankind. The Tree Oracle speaks...
Comment by
oilandgasman on Sep 15, 2023 10:34am
No. I've seen deals like this fall way short of amature number crunching. I'd add you have no clue how any deal might be structured or what the milestone payments have ment to that deal thus far. It's shocking how personal you take this.