Replies to post #9393 on FEC Resources Inc. (FECOF)

[irishintelligence]

4.12.2018 FECOF Valuation


Close on the Philippines stock market 16.72

16.72*1,700,000,000=28,424,000,000 PESO or $540,056,000

$540,056,000*87%=$469,848,720 valuation of 72.18% of FEL

$469,848,720/72.18%=$650,940,315 valuation of 100% of FEL

$650,940,315*6.8%=$44,263,941 valuation of 6.8% of FEL

$44,263,941/409,000,000=


$0.11/share

[hain]

We are going higher. yes the Outlook is very good .

[goforthebet]

irish, I am reading your post every day in the morning to make my day even brighter :) thanks for your calculation

[Traderfan]

We are going higher

That was almost a year ago. We traded around 015 back then. Now the stock is at 0025, about 83% down since then.

What happened?