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Re: Skribe post# 66123

Wednesday, 05/25/2011 11:36:05 PM

Wednesday, May 25, 2011 11:36:05 PM

Post# of 155603
Tough to say Skribe until we have more info.

I will say I was basing my previous "book value" estimate on the wrong industry. My original estimate was using the industry metrics for the "Industrial Metals and Minerals" industry.

I just took a look at the industry that SQM is categorized in on Yahoo Finance which is "Chemicals-Major Diversified".

Given that information instead of a Price to Book multiple of 5.5 we could potentially be looking at a Price to Book multiple of 7.8 http://biz.yahoo.com/ic/110.html

Sorry for the previous misinformation.



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