by finandlife03/06/2022 06:30Scott McNeely was the CEO of Sun Microsystems, one of the darlings of that bubble. At its peak his stock hit valuation of ten-times revenues.
At 10 times revenues, to give you a 10-year payback, I have to pay you 100% of revenues for 10 straight years in dividends. That assumes I can get that by my shareholders. That assumes I have zero cost of goods sold, which is very hard for a computer company. That assumes zero expenses, which is really hard with 39,000 employees. That assumes I pay no taxes, which is very hard. And that assumes you pay no taxes on your dividends, which is kind of illegal. And that assumes with zero R&D for the next 10 years, I can maintain the current revenue run rate. Now, having done that, would any of you like to buy my stock at $64? Do you realize how ridiculous those basic assumptions are? You don’t need any transparency. You don’t need any footnotes. What were you thinking?
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Tags:
Psychology
by finandlife17/04/2022 17:00
Tăng trưởng thấp hơn 13% trong 2022 sẽ không đủ để bù đắp sự tăng lên trong suất chiết khấu
FINANDLIFE
ee994ae2-bfcd-4709-97c6-9728207aa086|0|.0|27604f05-86ad-47ef-9e05-950bb762570c
Tags:
Psychology
by finandlife13/02/2022 10:040e4294a0-a0b9-47c9-928d-4fcb1102b8e8|0|.0|27604f05-86ad-47ef-9e05-950bb762570c
Tags:
Economics | Psychology
by finandlife04/01/2022 17:220af93a01-f384-4cae-85d0-e70d76d2bb0a|0|.0|27604f05-86ad-47ef-9e05-950bb762570c
Tags: CASH FLOW
Psychology
by finandlife15/12/2021 08:57