Originally Posted by
winner69
Market cap of PPH has recently been between US$700m to US$800m (current US$710m)
From that bullish GS report (the $5.40 share price target one) expected cash flows over the next 7 years are US$150m (that’s Present Value discounted from US$248m) ...if every thing goes right
From an owners perspective one might ask — Do I take the US$700m plus now or collect the US$150 cash flows over the next 7 years and hope that I still have a decent business after that 7 years to make up the difference
Maybe that’s the question Eliot Crowther asked himself?