RE: SAGA bid target12 Apr 2019 16:50
Pokerchips, if you include all of the assets on the latest financial RNS including deferred tax, financial assets, trade, plant, equipment, intangible fixed assets, trade and receivables as well as 157 million pound worth of cash on hand we we are looking at well over 2 billion pounds with cash and assets. I appreciate the market is not using maths at the moment but I am and that gives me confidence that this share is worth 90p and that’s with stripping all the goodwill out currently amounting to 1.175 billion after the 310 million pound write down. Even if we use you figures below, we should not be below 60p