Post by
Allanapotashbelgium on Jul 30, 2012 1:44pm
Value for tax purposes
For those who don't really understand the tax value of western: A balance sheet of 500 milion means a tax saving of 35% of 500 equals 175 million since a depreciation lowers your profit and hence your taxable amount. Add that with the tax grant of 78 million and you get a value of +- 4 CAD a share, and thats without taking into account the activities themselfs. I would expect we will be able to sell our activities around this price...
Comment by
AdamWest on Jul 30, 2012 1:48pm
$4 would be nice, but I doubt it. I'm thinking in the $3 to $3.25 range. That is just a guess, though. Anyone else want to take a stab as to what this will eventually sell for?
Comment by
madmoney92 on Jul 30, 2012 1:50pm
yea around 5 to 8 dollars
Comment by
AdamWest on Jul 30, 2012 2:05pm
$5 to $8???? I wish. Why stop there? While we're talking crazy why not $15 to $20?
Comment by
Xtrykr0 on Jul 30, 2012 2:51pm
Anything between $3-4 I believe. Jeff will sell this company at the best price, and won't settle for anything less. He didn't dump 12 years of his life on this for nothing. You'd be a fool not to root behind him on this one this time around.
Comment by
madmoney92 on Jul 30, 2012 2:56pm
I think jeff can get the 5 dollars a share for the company. If you add up the tax shield, the grant, the high PPA on there assets, they own the land, they have 30 year long contracts on thier assets and of course there is only 62 million shares.
Comment by
Xtrykr0 on Jul 30, 2012 2:58pm
True, but $2M over $3.00/sh is not that big of a deal considering how many shares he already owns, the shareholders stand to gain much more than that. I wouldn't discredit Jeff at this point - he did afterall, build this company.
Comment by
yankee12 on Jul 30, 2012 3:37pm
Totally agree with you. The man took literally nothing, raised all the money more or less himself, and built a company on the verge of major success. Cut the guy a break, we'll all be happy in the end, that's what (should) matter.
Comment by
cutthebsbud on Jul 30, 2012 5:17pm
xtrykr0 posted this: <<He didn't dump 12 years of his life on this for nothing.>> is this a case of innocent hyperbole, cause as best i can tell he has been exceptionally well compensated for his time, and if WND is sold will receive a windfall. i feel sympathy for us long suffering owners not jeffypop.
Comment by
AdamWest on Jul 30, 2012 5:27pm
Give it a rest, buddy. Your blather is getting a bit tiring. I think I am the last person to not have you on ignore. That has now changed. Good riddance.
Comment by
phillyb on Jul 30, 2012 5:33pm
As far as i can tell (12 year chart) the stock has spent much more time below 1.80 than above it, so as a long term share holder you should be well in the money by now. Please shut the f up, thank you.>
Comment by
ching819 on Jul 30, 2012 6:04pm
Cutthebsbud, there are now 12 people ignoring you. I was going to add myself to the list but that would make me 13th. Would someone please precede me as I am superstitious. Ching.
Comment by
AdamWest on Jul 30, 2012 6:58pm
ummm... why don't we just put him on ignore instead?
Comment by
bridgejumper on Jul 30, 2012 8:25pm
Ok ... who has the lock on 13 Bridge