Valuing the $GWAC SPAC – Is my math right here?
Hello All- TL;DR: I was hoping someone could look at my math to confirm if I have valued this GWAC merger correctly. As I see it, the trading price of $12.35 is 5x 2024 Revenues and 7x 2024 EBITDA for the new company. That seems real compelling, but I want to be sure I am […]
As a fellow Fidelity trader, it is noteworthy that for these OTC stocks, it is possible to have your stop loss orders canceled out from under you for no reason. It is important to check this frequently.[...]
@nmtonyo - I did some calculations for HOL previously, and have the following observations: 1) With a market cap of $420MM and a $300MM trust, you are paying $1.40 for every dollar in the trust. 2) But the fund manager got a pretty sweet deal from ASTRA, s[...]
Just FYI, for those who are jumping into these things and wondering why their stock doesn't rocket all the time: There *is* risk here. GWAC's target, Cipher Mining is just getting past pre-revenue. They look to get $6MM this year in revenue, losing $5MM[...]
Based on what you describe, this seems pretty heavy on the "Market Timing" side. "I see money coming in, quick buy while the demand is driving up prices!" "Oh no, money is leaving, get out before it goes down." So if "The industry" thinks he is awesome, i[...]
Ooops, I mean by paying $12.35 you are getting a company valued at ~5x 2024 Revenue and 7x 2024 EBITDA.[...]
I tried to do an analysis here: https://www.stockgumshoe.com/2021/03/microblog-valuing-the-gwac-spac-is-my-math-right-here/ It seems like the valuation on this stock is pretty good- essentially, if you pay today's close @12.35, you are paying for a compan[...]
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Where are you seeing this? On Fidelity, I see 2 Neutral, 1 Underperform and 1 Sell. I see a $25 target from the street on Seeking Alpha. And something tells me those analysts positions don't reflect yesterday's news. I am trying to figure out what WKHS's[...]
Their offering values them at $29 Billion. Their current revenue after a perfect storm year where kids were given practically nothing to do EXCEPT Roblox, was $727 Million. They claim that they had 75% of american kids between ages 9 and 12. On the one h[...]
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Regarding "Secret Portfolio" HOL (Holicity Holdings, a SPAC that is targeting a merge with Small Launch company, Astra), I am not really sure about the valuation. At it's current price ~$18.50, it is implying a market cap of $3.6 - 3.9 Billion. Astra claim[...]
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"Decimate" would like the floor, please.[...]