Pyrpolizer wrote:Paphitis wrote:Pyrpolizer wrote:No thanks I am not interested for a Kolokasi brain's soup.
ALL your links are irrelevant.The traded volume has nothing to do with the outstanding shares.
You have 24 hours left.
Oh right, so what you are saying is this:
Tom Tom was not worth 120 million x 60 euros = 7.2 Billion Euros (Tom Tom has never been a mid cap)
It was worth 26 million x 60 Euros = 1.6 Billion (Tom Tom has always been a small cap)
Yes I get it because what you said wads wrong. the market NEVER over prices a stock by a factor of 10 (those were your words kolokasi brains)
The market has the ability of actually appraising stocks in accordance with the fundamental values that the market is willing to pay.
Paphitis you are jumping and twisting as usual. What's your point trying to present me irrelevant or fallacious data ??
The issue is very simple and you already wasted me more than 20 pages trying to save face:
For the last time, this is what you said
Paphitis wrote: The traded value of a share "should translate to the approximate real value of the entire company"
I never gave you any number of what this company's worth.
What I told you is your statement is utterly wrong because if it were true then at boom time it should have worth 7.2 Billion Euros (yes you got that multiplication right) whereas with today's 30B shares it would be about 2.1. The first number is impossible to be true for various reasons including the fact that it should increase over the years considering the various acquisitions.
Your second number of 1.6B is totally fallacious so no comments about that.
Please make sure you understood that I am not claiming any specific value for this company. (I feel the need to stress this otherwise after a few days you may once again put words in my mouth that I never said.)
And since we are here
show me where did I say that "the market over prices a stock by a factor of 10" Kolokasi_brain of the 50s. I gave you my exact words together with a link but you are such a bonehead you missed it.
The ball's on you now. Show me!
Me save face? You're kidding right.
The stock markets have been trading with Billions of investors around the world since the 19th century and yet you purport that all of these investors are gamblers.
If the market was so crooked, it wouldn't be so successful. Each year, the markets get bigger and stronger and add wealth to most people who know how to invest responsibly. There are millions of brokers and fund managers who make a good living by advising and managing trillions worth of funds each year on behalf of others and these people get more wealthy each year on average by about 12%
You claimed that Tom Tom had a market value of 120 million shares by 60 Euros, but the fact is it was only a spike and the amount of shares were only 26 million in 2006. You insinuated that Tom Tom's market cap reached 7.2 Billion when it only declares a 35 million Euro profit that year. That is impossible.
I asked you to prove your statements but all you come up with is insults.
I have backed up my statements with evidence straight from the company's 2005 prospectus:
26 million shares on offer at a value of 17.5 Euros, which eventually spiked to 60 Euros because the IPO was over subscribed.
