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Vringo, Inc. Message Board

  • merger_talks merger_talks Nov 21, 2012 2:26 PM Flag

    Writing on the wall $600 Million

    Until 2016
    Yahoo
    Msft are all next.

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    • $500 Million Valuation seems fairly reasonable IF they will be issuing big dividends over the next few years.

      Would seem $5 to $8 per share is a decent possible upside target.

    • IF $500 Million is the eventual cash received from Google over the next 4 years and they have roughly 60 Million shares outstanding then it MAY be reasonable to assume that they will issue a quaterly dividend of 85% of ALL MONIES received over the next 4 + years.

      IF that were the case then more than likely they would issue $425 Million in dividends over the next 4 years.

      Keep in mind that would mean they would KEEP $75 Million over the next 4 years to fund operations ON TOP of the $60 Million they already have on the debt free balance sheet.

      Thus...

      that would mean $106 Million per year in dividends EACH YEAR over the next 4 years.

      At 60 Million shares outstanding they have a current market cap of around $235 Million.

      And they MAY be able to issue DOUBLE that amount in dividends over the next 4 years??

      Would GUESS on that basis it COULD be worth DOUBLE the current share price?

 
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