Post by
DTM5 on Sep 07, 2011 10:38am
True Value
The market still doesn't like this stock;
No doubt that the companies remaining in the Jovian group are worth more than the market is reflecting.
I think the issue is, as a company continuing to own its remaining companies, Jovian will continue to post a quarterly loss and slowly erode the financial position of the company - UNLESS it manages to score with a potentially high growth company again, such as Horizons.
Currently there is no such company in the portfolio.
Horizons has been the only large success that they've successfully incubated.
Seems like no one wants the shares unless they are assured of another disposition; How long could that take? Maybe another 5 or ten years?
Thoughts anyone?