The biggest fear of any cash rich listed company owner is.. Who is the new substantial shareholder and can he out vote me and control the cash. Fight it out there now... Make sure u all buy your tickets for the box office closing of the year...
Base on the company cash flow ,the price /by current share should equal to price 0.9++.. Meaning that if you eat all the company share with current price ,u will get more than what you paid ..Hold on ...Don't throw if price drop..
If owner collecting, he will cap it to 60sen. New sh going after the counter max 75seb. If both fight for control we could see 90sen. If I buy up to 70sen and have significant stake and there is a tussle, I will exit at 90 sen. Although the cash hoard is big, it doesn't translate. Corporate exercise to pump in assets and biz takes time. Unless u pump in inflated valuations.
CoolBull -No venture No Gain. Everything speculative eg Shares, Horse Racing, 4D, etc all are controlled and people in the know make money while the common man punts by doing his maths.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Vijai Deb Palta
42 posts
Posted by Vijai Deb Palta > 2019-12-05 16:38 |
Post removed.Why?