RE: I Think a Fixed Toolbox Output = Mkt Cap of Serica to the SP25 Jan 2022 19:27
By my rough calcs serica mcap will be covered 80-100% in cash by the end of H1 this year. That either means someone comes and buys them for their cash or they seriously expand. I think hbr should be double this SP and we should, but there’s something here that does not align and I think it’s the markets knowingness that the owners want to dump their equity, and the lack of clarity on who else is dumping theirs.
I will hold my shares here until I see £6 minimum, I just don’t trust the management. SK has called this right a while ago.