Replies to post #8101 on P10 Industries Inc. (PX)

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There is no valuation model in the history of the world that would include using the "cash on hand" as the way to fairly value a company

you have been previously told why this method simply does not work

Thanks for your analysis. My approach is more simple-minded, which is why my original post was talking about cash on hand. Can't make it much more simple than that.

You know what they say, "Keep it simple, silly". -LOL

My simple method relies on a steady or slightly increasing rate of cash added each quarter. This has been true for the last 3 quarters as follows:

Q2 2018 to Q3 2018 - cash increased by $2.7M.
Q3 2018 to Q4 2018 - cash increased by $2.6M.
Q4 2018 to Q1 2019 - cash increased by $3.6M.
(all of the above figures are based on rounded off numbers for unrestricted cash on hand)

If others don't like this method or call it "wrong", that's their prerogative. I will continue to use this model for myself, but will not post it on the board unless someone might request my valuation for PIOE.