I say it's wrong because the stock has no future cash flows and thus no intrinsic value. Even if going by comps, value is zero.
But then he's not arguing about the intrinsic value, he's just sayin it's priced at £50.
And the 'valuation advisor' too. Wtf?
| +131 | New Article: Dramatic Slide as UBS #22 (US) & New Leadership Desperately Needed | 25 | 11h |
| +113 | Americas M&A League Table Q2 Updated | 53 | 28m |
| +75 | Wealthy Parents / Jaded | 24 | 1d |
| +59 | How are hours rn for SA (interns) | 31 | 1d |
| +54 | A COMPLETE GUIDE TO SUMMER INTERNSHIP RECRUITING | 11 | 1d |
| +42 | Boutique firm wants access to my LinkedIn? | 36 | 2h |
| +33 | Investment Banking in Mexico | 9 | 1d |
| +30 | Investment Banking is Hard | 12 | 3h |
| +22 | Restructuring: Anti-climactic Experience | 3 | 1h |
| +21 | Excel macros for QOL formatting | 0 | 4d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Earum doloribus cum distinctio excepturi. Nam provident itaque consequatur vitae incidunt nulla voluptas consectetur.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...