CSHD BOOK VALUE & RESET PRICE $29.62 (by kingmack)
FWIW:
BTW, kingmac stated in the "Spin Offz Inc" paltalk room that he is a professional auditor, to the best of my recollection. He was having a great conversation with another professional auditor at the time. Fascinating stuff!
Posted by: kingmack In reply to: None Date:9/30/2006 12:29:42 PM Post #of 88686
This one Bond of 500mil that has been Audited will generate 68mil in Cash Flow alone for our Company CSHD. The 19mil in revs generated is just for 1 business quarter plus 2 weeks, 3/17/06 - 6/30/06. We generated .38 per share which if you take a P/E multiple of 20, that's $7.60 per share without book value.
Per my calculations the Company is worth right now as of June 30, 2006 $14.81 (7.21 + 7.60) per share. That's without a Multiple. This stock will reset in my professional opinion at 29.62 (14.81 x 2 multiple). I hope this helps all of you out. This is audited numbers not speculation. GLTA
Posted by: kingmack In reply to: saywhat who wrote msg# 88604 Date:9/30/2006 12:21:12 PM Post #of 88688
Apparently you don't know how to read a Balance Sheet... The Company as of June 30, 2006 has in excess of 19mil in Receivable Interest from the Bonds. That's right under the Cash entry on the Balance Sheet take a look. By the way that number is Audited by an Independent Auditor by the name of Thomas Benson, see Exhibit 9.1 in the 8Ka. This Company is way undervalued.