The debt will be paid off over the next 3 years using the free cash flow from the business. Once the debt load starts to decrease, the shares will be re-rated. Even a very modest pe ratio of 8 would result in a huge increase in the share price.
I am well aware of all of ffwd's investments. I don't actually like ffwd's 0.8% interest in Juvenescence. Even if Juvenescence does well, ffwd will never make much money from it.
The announcement has Juvenescence as the fourth investor in Insilico and definitely not the lead investor. Let's be generous and assume that Juvenescence owns 5% of insilico. Even at a billion dollars valuation, this means that ffwd's interest amounts to 400k dollars. The billion dollar valuation is probably absurd too.
Ffwd has got an interest of 0.8% in Juvenescence which has a small interest in Insilico. Even at a rather optimistic valuation of a billion dollars for Insilico, I fail to see how ffwd can make even a million dollars from this. Can't anybody count?
I don't think anybody is shorting ffwd. It's far too dangerous. There are two possible futures here. If one of the investments proves to be a big success, ffwd will shoot up. If nothing much happens, then ffwd will resume its slow downwards march. It all depends whether you are an optimist or a pessimist for ffwd's investments.
It is currently fashionable to call competitors partners. But factom.inc will not benefit financially from Sphereon. The problem I can see is that there are other companies developing their own software solutions which will also use the factom protocol. Factom.inc will probably get a slice of the cake but it might be a pretty small slice.
As far as I can tell, Sphereon is a competitor to factom. Sphereon is using their own software solution, not factom's. Sphereon is using the factom protocol which doesn't directly benefit factom.inc.
I think Covert was just looking at the delayed trades and didn't realise that recent trades were not included. Of course, maybe I'm wrong and Covert is just rich.
Optimist, eventually the value here will be recognised. As Benjamin Graham said, in the short run the stock market is a voting machine, in the long run, it is a weighing machine.
Bignuggets, where have you been? We need you as a counterweight to a certain poster who only posts negative comments on gun despite claiming to be a holder.