Post by
Gann999 on Sep 20, 2021 9:43pm
Analysts
Even TD target is making them look stupid at this point 4.50 sitting at 2.66. Didn't someone make a point a while back that they try to keep targets within at least 50 percent? I'm actually shocked there are sellers at these prices still. It's trading as though something is very wrong within the company. Our horse is in last place by many lengths and has fallen over and broken It's leg at this point. I really was hoping to hold 2.70 as some sign of the bottom but we broke right through and traded as low as 2.64. It's very hard to defend xebec at this point as much as I am still inclined to do so, management has been silent for the entire quarter. I emailed Brandon to get some sense of reassurance and received none. I got a run of the mill response that management knows they need to execute and they are hurting as well and that it's a long term investment. I was then pointed to read the market outlook given in q2 not very reassuring. I am starting to think something is amiss within the company because that is the only thing that would explain such a fall from grace 17.50 to 4.50 trading at 2.66 deep red with the market now shook over this Chinese developer if they default there will be repercussions and companies carrying debt and not making profit will be closely looked at in my honest opinion. This is shaping up so far to be the absolute worst investment I have ever made and probably will make in my life.
Comment by
Ciao on Sep 20, 2021 10:02pm
TDs last target price was $3.50 not $4.50 and Hygear was purchased for $155M not $120M. I suggest that readers take caution on what is posted, simple errors still present misinformation.
Comment by
Gann999 on Sep 20, 2021 10:08pm
My mistake I must have wanted it to be a 4.50 target.
Comment by
Ciao on Sep 20, 2021 10:59pm
From Dummies series, In some cases, however, Buyer may decide to assume Seller’s long-term debt as part of the purchase price. When that happens, the amount of Seller’s debt tacks on to the deal value. In other words, if Seller agrees to sell the business for $10 million in cash plus the assumption of $3 million in debt, the total deal value is $13 million.
Comment by
ferret_ca on Sep 20, 2021 10:19pm
"I suggest that readers take caution on what is posted, simple errors still present misinformation." so true on this board , TT (The Titanic) is a wealth of misinformation very often and yet he is blindly followed down the garden path by those that believe all the crapola that spews from his yap without any other dd, unbelievable to say the least imho. cheers ferret
Comment by
tamaracktop on Sep 22, 2021 12:20am
I could write Xebec's balance sheet on a napkin in a diner. You're full of nonsense.