Replies to post #127453 on Savvy Trades and Investments

[researcher59]

So if company A internally develops an intangible asset such as software or a drug patent at an expense of $10M, of course it gets fully expensed through the course of development. Company B pays $10M in cash for a similar intangible asset. The cash outflows are the same yet company B never has to expense a penny because amortization of intangibles is not an expense ? But company A has to fully expense the $10M ? Hmmmm. An interesting accounting sleight of hand.

[SSKILLZ1]

PRTH

A fintech/payment play

Well I brought more today at $4.44 or so. I continue to buy more of this falling knife. At this pace they will paying me to buy the share a week from today. Geez. stock is very undervalued I continue to think now we are probably trading at say maybe 3.5 times next years expected earnings for high single digit revenue growth, with improving margins, and ever higher eps growth rate than it's revenue growth rate. I may be nuts but I think that means the stock should be worth 8-10x conservatively, hence I feel it is very undervalued at currently prices hence I brought more today on weakness. All is just my opinion, and I could always be wrong though.