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Re: downtrade post# 68

Monday, 12/16/2013 6:12:26 AM

Monday, December 16, 2013 6:12:26 AM

Post# of 259
Today an article was published on SA with the title "Why I Believe Groupe Gorge Is Worth US $35+ Thanks To Its New 3D Printer Business".

In the conclusion the author writes:
"I did some number crunching and here are my findings. I took the total market cap values of XONE, VJET, AMAVF, SSYS and DDD (as of December 11, 2013) and then I took the average from those five and compared it to Groupe Gorge. I came up with a price-per-share value for GGRGF (drum roll please…) of US $214 (Euro €155) at the same average valuations being given for those five. Just to be a bit more fair, I then only took the average market caps of XONE, VJET and AMAVF (these are more comparable to Groupe Gorge) and the new PPS valuation came out that GGRGF should be at US $43 (Euro €31) per each share."

What is really funny is that those calculations are VERY similar to my calculations from 12/12/2013, see post #68.
Funny to see my calculations on SA.

To make that clear: I'm not that guy who published the article on SA!