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Karen Chiu

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Feb 26, 2013, 6:56:07 AM2/26/13
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Hey guys,

how was your discussion yesterday?
I have to correct my calculation on debt by applying total debt on google finance subtract cash. 
i don't know why the firm value and price per share is much much lower than the fair value.
but i think we shall submit it to tutor for her advices.
Karen

Total Firm Value US$25,982    
Net debt =  total debt - cash & equivalents -11,208.00    
Non-operating assets 2,200.00 average other assets
Enterprise Value 16,973.71    
Shares outstanding 1,800.00    
Price Target 9.43    

Craig Cartier

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Feb 26, 2013, 6:57:41 AM2/26/13
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Hey Karen, exactly!  Adjusted the price yesterday and sent to tutor for advice.  Well see what she comes back with...
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Karen Chiu

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Feb 26, 2013, 7:02:49 AM2/26/13
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cool! didn't see our bid in the mail. 
let's wait for teresa's feedback


2013/2/26 Craig Cartier <ccar...@gmail.com>
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