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RealDutch

04/17/17 9:46 AM

#111040 RE: challe08 #111039

What I get from the internet, is that we should use Comparable Company Analysis (CCA) to determine the value of Triway. And since we are a HK company now, that should be something like a P/E of 60 :-)
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RealDutch

04/17/17 9:59 AM

#111042 RE: challe08 #111039

Unbelievable. This "nonsense" actually made sense before the sector imploded.

http://www.investopedia.com/terms/c/comparable-company-analysis-cca.asp

Nevertheless, Triway is a private company now.