I've been following this company for about 10 years. Looks like they put everything into buying new rigs this year...took on additional debt and used up all the cash... I'd say they are not positioned well. It will be a long hard road. Co Founder quit the board today.
They priced IPO at $16 for a reason. This company is worth $30's. $55 absolute tops and thats probably in 12 months of proving itself.
CYBR price to sales is 18 times. And PE is 180. It will fall back to 60. FEYE extended but i think it might hold these levels for awhile.
This was $10 news.
They could handle SUB 1000 gold for many years. So as soon as these hedge funds top blindly dumping IAG will be back to $3.
at 88 cents the three rights for each share are trading at 12 cents each or adding 36 cents to the share value of 52 cents. Way i'm looking at it is that the shares are trading at 52 cents post rights offering and 800 million shares outstanding. $400 million seems very high market cap considering bankruptcy and even more dillution than 800 million shares is likely. I wouldn't expect RSH to trade at $400 million again unless they can get closer to profitabilitiy.
Someone said shareholders entiled to buy 3 shares at 40 cents. So if you assume the shares without rights entitlement are trading at 52 cents...that means the value of each right is 3 times 12 cents or an additonal 36 cents. So basically post rights offering RSH is trading at 52 cents at the current price. But that would also assume 800 million shares approximately. So market cap is currently about $400+. or the old $4/share with 100 million shares.
Is this a correct way to look at it.
Shareholders will get to buy some of those at 40 cents in a rights offering. But by then they will need even more cash and probably more equity put in. And still likely it will just go bankrupt. I mean $120 million they lose in a quarter. A fair price is probably 15 cents when it reopens. But i guess it will trade around 25-35 cents.
SINA website plus 70% of WB plus $1 billion cash is only trading for $3 billion. Yelp is $6 billion. This is nuts. Who in their right minds would own WB but not own Sina when Sina owns 70% of Wb. haha. Silly market. Just have to buy and hold until it goes up. But nobody wants a stock trading at a negative valuation. They would rater over pay by 200% for TSLA or something silly
It is tough to invest in a business that has no pricing power (ability to make a profit) in the long run and has no current profits as far as the eye can see
after 12 years there is no business because generics will price this at $50 bucks. So they have a 12 year window. But look how much they spend. Revenue last quarter was up 40% but expenses were up even more than that. They lost more last quarter than the year ago. So even if sales ramp and the company can turn profitable in 3 years, that just leaves 9 years to work with. I could see them maybe making a billion over those out 9 years. But the market cap is $2 billion now. So the company is probably 100% overvalued. And even if sales ramp to $300/400 million a year and this company some how does earn $2 billion before it goes off patent. Discount $2 billion back 12 years....and you are still looking at just a $1 billion present value. So I just don't see it. But same could be true for many biotechs.
since neudexta was rolled out. The only certainty with Avanir is that the number of shares are always increasing. I remember heading into the original FDA decision that failed in 2006 or whenever they only had 30 million shares and like 200 million market cap. To imagine the market cap is now 10 fold that is mind blowing.
This study offered no specifics to how well it helped agitation or if it did a better job than the many other options doctors have. Go to Web MD. There are like 10 drugs in 3 different classes that are used for agitation.
MBLY market cap 12 billion more than half Delphi which has similar technology in the works. Car Parts get terminal PE valuation of 15. MBLY needs to make $3.70 to have a 15 PE. That is $750 million on 200+ million shares. And before tax!! How do they ever make that when next years revenue are $250-$300 million.
what is moving the stock is low float crazy action in a boring market for trading. There are like 3 stocks to trade right now that are moving. Next week it will be a different 3 and MBLY and GPRO will be forgotten for a few weeks.
They only opened 6 new stores in past 12 months. That is very tiny growth. And many recent stores opened went belly up.
NOT Chipolte LOL.