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Re: mulligan43 post# 13195

Sunday, 02/07/2016 5:13:19 PM

Sunday, February 07, 2016 5:13:19 PM

Post# of 39089
It is smile Even if they apply the same lousy valuation metrics to UCP that they had used when selling nyheter365, it comes out to be an acceptable bid.

nyheter365
800k sale price /$3m revenues = 26.67%

UCP
0.2 stake x 0.2667 x $45m revenues of UCP = $2.4m per 20% minority stake

$2.4m / 600m public OS = $0.004 per share

And if UCP continues to grow and management so wish they can go for a new start and take the company public again in Sweden at some point.