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michaelstl

04/01/14 9:02 AM

#17574 RE: APFarmer #17572

THANK YOU

BlueDolphin

04/01/14 9:15 AM

#17580 RE: APFarmer #17572

APFarmer - Your BV analysis is very much appreciated. Many thanks.
$MDNT$

APFarmer

04/01/14 11:08 AM

#17699 RE: APFarmer #17572

Just to clarify on my pre market analysis, I included the 300+ mm shares outstanding and the book value was still impressive....


Book value lined up with the timeline announcements


Team,

I have been bashed before for the fundamental analysis, but thought I would give a go at uploading my back of the envelope in terms of the timeline released. There are too many assumptions to mention, but based on a multiple of Book Value (or liquidation value) see the below linked charts for PPS estimates.




The contained is not investment advice and should not be viewed as such. It is solely my opinion based on information collected from public sources. I am long in the aforementioned security.