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14-12-2017 12:30 PM
My latest valuation on SNH is R4
Consideration - Shares owned in other companies vs Debt owed.
Other issues still to consider:-
Possible fines still to be issued
SNH will re-state their 2016 financials
14-12-2017 12:51 PM
14-12-2017 12:58 PM
forgot to add , SNH overpaid for acquisitions.
Maybe closer to R2 rather R4 but the possibility that it could be de-listed makes not worth it? Any thoughts? Anyone?
As the saying goes in investment circles -----------------"never catch falling knives"
14-12-2017 01:15 PM
I hear the word "short" quite often. How can I short SNH and make money ? I beleive even at R9, the price is still heavy overloaded