Wednesday, August 31, 2016 1:13:51 AM
I could see this coming many years ago, a situation like HERB, that's why it's not affecting my valuation model.
The company is still valued at $2.4 billion by the appraisal firm, with the new assets. With or without "book value". They used the profitabiliy method (discounted cash flow) to value the company. You can only do that when the assets have a history of profitability and that will very likely continue for many years to come, as is the case for the plantations. It's all in the filings.
As I have said many times now, people need to focus on (free) cash flow. They are generating between $100M and $200M in cash every year! From the plantations alone. It's what every investor wants to see! Bloody hell, it's the world upside down again.
Do you understand what I'm saying?
Recent HERB News
- Form C-AR - Annual Report • Edgar (US Regulatory) • 02/26/2024 01:00:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/12/2024 08:51:30 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/14/2023 07:00:08 PM
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