Han Patriot
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Here let me show you the definition of undervalued. Notice the word intrinsic value. My dad's boss knew it's intrinsic value. Gosh, are you really educated in economics and finance? These are very simple terms mate.How? Do you really have to ask?
If you IPO 1 million shares, at $1 per share, your estimated Market Cap is 1 million by the time they estimate your share value/market cap.
When you buy that same 1 million shares back with $0.2 per share, your ACTUAL market cap is $200,000 so you tell me did they overvalued your company when they do IPO or they undervalue it?
What happened afterward is already manipulated, because your dad's boss ALREADY BUY BACK THE SHARE TO BUMP UP THE PRICE. His company did not worth 2.5 million, that's after the hype. His company worth, at the time he buy back the share, is $200,000
Geez, and I think Chinese is good at maths........
Well, if he think his dad's boss company IPO at $1 and he buy back the share at 0.2 is overvalued, he would think buying back Vinfast share make sense.
I don't know because I don't think stupid..........
It has nothing to do with him selling at 1$ and buying at 0.2$. It has something to do with him buying at 0.2$ and knowing it's value is more than 0.2$. It is best you think and read before ranting.
Over valuation happens when he bought at 0.2$ and it's real intrinsic value is only 0.1$.
Hey J, seeiously, the more i talk to you, the more imbecilic you look. Lololol