Conversion Solutions Holdings (fka CSHD)

[oceansorcas]

You're not entirely correct, STB
I know I "signed off" of this board until the 10K, but just got in and saw your post. I noticed RPH' use of 2x book value myself, and wondered if he was dead wrong myself, as p/e multiples are normally used in stock valuation. BUT, there are other ways of valuing a company which include book value multiples. See the link below for a summary. Its my belief that CSHD is going to reset based upon a NEW book value multiple, which is in turn based upon the new balance sheet assets.

http://pages.stern.nyu.edu/~adamodar/New_Home_Page/lectures/multintr.htm