Tweeter Home Entertainment Group Inc. Message Board
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No value when Halted
Ok, I am trying to figure out what we can get after all.
Check company�website:
http://www.twtr.com/phoenix.zhtml?c=80810&p=irol-fundHighlightsA
end of 30/9/06 shareholders Equity was 68.16m.
end of 31/3/07 (after 6 months) shareholders Equity was 34.54m. Means we lost average 5.6m per months.
Let assume the same loss for last 3 months (April, May, June/07), shareholders Equity would be around 17.74m. With 25.56m shares, 1 share would be worth for 0.69
Correct me if I am wrong.
Thank!-
your wrong, there is so much not built into your equation. You are best to get $.16 share right now instead of nothing in a few weeks.
- 1 Reply to teresita_king
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Can you show me what wrong I am?
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Nndung, what is it that you dont understand. The assets
are not worth in the market what they are worth on
their books. Is that really hard to understand?
Someone might have bought a house last year for 400K,
and it might be on their books for 400K, but if the
market price is now 340K that is what it is worth.
In the case of TWTR its a lot worse. Most of their
assets are not worth anywhere near what is on the books.
Shareholders will get nothing except what they can
seel their shares for before it stops trading.- 1 Reply to palenda16
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They already calculated Depreciation and Amortization.
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