InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,728.80
(
0.41%
)
US TECH 100
19,532.80
(
0.18%
)
Dow Jones
42,052.19
(
0.69%
)
Brent Oil
74.64
(
0.76%
)
Bitcoin
68,823.32
(
0.12%
)
Post# of 80
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

MLK

Send PM Follow Ignore
Followers 0
Posts 1187
Boards Moderated 0
Alias Born 05/04/2007

MLK

Re: None

Tuesday, 06/05/2007 10:45:57 AM

Tuesday, June 05, 2007 10:45:57 AM

Post# of 80
From the market's reaction, it appears that TKO was dragging MSHI down, not the other way around as has been portrayed.

Also, from my numbers I was calculating with yesterday, all things being equal, TKO is worth even less today. If MSHI, assuming 30M shares outstanding, is worth $49,500,000 ($1.65 X 30M shares), that means TKO is worth $97.5M. Which would give TKO, assuming 70M shares outstanding, a fair market value of about $1.39 per share. Not looking too good for TKO right now.

Of course, they can always add to their balance sheet by selling their stake in MSHI, which they should do immediately.

Of course, this would all change if TKO would put out a PR with some guidance or revenue attached. I see they issued another PR today with no revenue. Do they do everything for free over there?

All posts are only in my opinion. I am not a broker or anyway involved in the securities or investment industry. I do all my own due diligence. Any allegations to the contrary are totally fabricated.

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up