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Slojab

12/30/19 10:25 AM

#71207 RE: trader53 #71205

No, QEDN does NOT operate financial news internet sites. Nor does it operate a Web development and marketing solutions company. And they are not headquartered in Manchester New Hampshire.

So, please explain why on Earth a book value is being promoted for QEDN based on information that is clearly wrong.

The truth is, the book value is most likely a negative one.
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Slojab

12/30/19 10:35 AM

#71208 RE: trader53 #71205

Yes, think about what the common shareholder owns. It's not Stock Profiler. And thin about retained earnings. QEDN has none.

After reading what they say is the way to calculate book value of a company, it's surprising that it should be used to describe a company that doesn't exist.

Digging Into Book Value

BVPS is a good baseline value for a stock

The Bottom Line

Using book value
is one way to help establish
an opinion on common stock value.


_______________________________________________________________


How to Calculate BVPS

The quickest way to calculate BVPS
is to look at the equity section
of a company's balance sheet

and think about

* what the common shareholder actually owns

* common stock outstanding

and

* retained earnings.