Replies to post #34168 on BioAmber Inc fka BIOAQ

[broken_clock]

Where are you getting your numbers from?? 70-95m is plant assessed value??

[eddy2]

That’s absurd. An asset is only worth what it can generate after all the expenses are paid. What they are required to show is all revenue sources and collateral debt separate
from one another.

Take the sale of equity as a stand alone entity. All equity bought and sold plus the expences in the process must be divulged.

You then in your DD process remove the piggy backed equity numbers from the operation. There are tax’s that are is a debt as well a credit too the operating entity supplying a service or product.

If the tax debt can’t be paid by operations then one they must borrow capital to do so or sell the none performing assets to pay the tax credit created by the sales of the security.

Now you could ask your self why doesn't the government forgive the debt. Well you must remember that the lender the bank gets the tax credit cause that was the collateral for the bank debt.

The book value of the asset is what you are claiming “ capital spent on the said assets” . That number in know way reflects the market value of the asset.

If you want the market value of the asset you must apply the formula EBIDA

EBDIA stands for the following earnings before debt is amortized. The debt being the tax debt from the sale of equity above the par value of the share and before the debt is amortized.

In other words you must subtract the equity sales total revenue from the top line of the cash flow statement to obtain the operations true revenue separate of the sale of the shares.

Here is another thing you may want to ponder over. I have seen business with little or no assets but having fantastic return on what little capital assets they may hold. In the case of a business for example that operates trucks, ships ect you can say that there is a strong secondary market for those assets but in the case of a one off industry like what this company is running then chances are the assets will reflect the revenue they generate
for there share holders.

Not looking good. One issue is the glut of recycled plastic on the market. There one big competitor.

[zomoney]

Now I’m clear on where you’re coming from and we are pretty much saying the same thing. You’re looking at it from an EPS standpoint while I’m approaching it from total sale value standpoint. Interesting perspective cheers for that

[IOUBLOKE1]

350 million write off.This gives the Sh2ll a 35 million value. 15 MILLION CASH INVENTORY THATTS 50 MILLION.....NOW EVERYTHING ELSE SAY 50 MILLION BUILDING AND INTANGEBLES. LEAVES US 20 CENTS...WHST A DTILL FOR THE LOW BALL. Thats why betet to buy all the three shells Cuspids....Tell me i m wrong