DrStool Posted May 24, 2019 Report Share Posted May 24, 2019 Nacho lly the rally starts as soon as I posted that. Link to comment Share on other sites More sharing options...
DrStool Posted May 24, 2019 Report Share Posted May 24, 2019 I feel like buying puts. Link to comment Share on other sites More sharing options...
Jimbo Posted May 26, 2019 Report Share Posted May 26, 2019 A TRULY TERRIBLE SET OF NUMBERS Here are some more numbers for you from the wonderful Kraft Heinz balance sheet. It has only $7 billion in tangible income producing property plant and equipment. This has to support $33 billion in debt and the interest payments thereon. This ALSO has to support the $40 billion in market cap and the dividends there on!!!!!!! i.e. a business value of over $70 Billion!!!!!!!! (talk about the value of advertising!!!!!! - the stock is 90% advertising) To think this company once had a market cap of $120 Billion?????? If you spend a dollar to buy the stock you are only buying 10 cents worth of real tangible income producing assets AND You come after the debt holders and their interest claims. It's so easy for disrupters to come in spend a dollar to get a dollar in tangible assets and split the rest with the customers through lower prices!!! Link to comment Share on other sites More sharing options...
aussiebear Posted May 27, 2019 Author Report Share Posted May 27, 2019 ---> Mellow Monday Link to comment Share on other sites More sharing options...
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