Value Microcaps Motherboard

[ghmm]

ASDS:

They certainly could do a better job at providing better color on not only the projections but what they paid (what I always like to know).

Looking at the past comments/numbers though I'd either say they are either conservative or things aren't completely clear on terms/etc. Just doing some (very) rough calculations in '13 total revenue (not just pharmacy though most was) was 25M. They did two deals in August & September '14 that they said would add 6 million on an annual basis so call it 2.5M for '14 that comes out to 27.5 and they are saying 29 for '14 which means the base business will grow by about 1.5M or 6%.

At this valuation I am quite comfortable even if the base business isn't growing but I think it is. I haven't talked to management to get clarity on things. I'll probably wait till they file their annual to see what thing I'd like more clarity on.