had a further look at your posts this morning mt, had to blow...

had a further look at your posts this morning mt, had to blow those lines of figures up 200%, some questions

1. on what basis is a discount rate determined - seems arbitrary to me, and a point or two can certainly make a big difference to the valuation - as you have indicated ......... the question has got to be asked - have you just adjusted your discount rate to give a share price you fancy........

2. including future cashflow on a pdf which has not been purchased seems peculiar accounting to me ???

3. when a company is purchased the value of the purchase is usually reported as so many times the EBITDA
seems so logical to me ........ the purchaser does not go on with discounted cash flows etc.