3 ms·
True, this is very naive and presumes you can sell everything for their accounting values without moving the market price or people realizing what you're doing.
by skuhn 12y ago
True, this is very naive and presumes you can sell everything for their accounting values without moving the market price or people realizing what you're doing.
However, $17bn is a pretty big window of error, and this isn't even taking into account the crazy notion that you could keep running the actual business. It has revenues of $1bn a quarter, nothing to sneeze at.
- dragonwriter 12y ago> However, $17bn is a pretty big window of error Is it? Sell everything else at accounting value and realize a little under half price on the combined Y! Japan and Alibaba stock, and suddenly you are merely breaking even. > and this isn't even taking into account the crazy notion that you could keep running the actual business. It has revenues of $1bn a quarter, nothing to sneeze at. Revenues aren't profits. And Yahoo's net income is all over the map ($1.37B in 2013, $3.95B in 2012, $1.05 in 2011) -- there's no clear trend in the value of running the business, and I think one of the reasons Yahoo stock is so apparently undervalued given a simplistic look at assets and liabilities is the market doesn't really think Yahoo! has much of a roadmap for running the actual business.
- discardorama 12y ago> $3.95B in 2012 That year they sold some $BABA, that's why the revenue was higher.