This Weekend Business Insider Article:
Online lending is 'disruptive and could be very large' - that has the Fed worried
Rate Watch can explode through servicing the DISRUPTIVE online lending business!
Online lending is 'disruptive and could be very large' - that has the Fed worried
Rate Watch can explode through servicing the DISRUPTIVE online lending business!
If you break down the current value of the TheStreet (TST) $1.65 (6.2% dividend), you will find the underlying business is valued at $23 million.
Current Market Capitalization: $57 million
Cash: $34 million
Total Underlying Business : $23 million
Stock is valued at 1/3rd Sales
The Deal :
- 2012 acquired for $5.8 million (cash). $11.5 million in sales. paid 1/2 Sales
- 2014 acquired for $21 million (cash). $9.5 million in sales. paid 2X sales
Rate Watch
- 2007 "$25 million, consisting of approximately $16.9 million in cash (net of $3.9 million in debt repayment) and 636,081 shares of unregistered common stock of TheStreet.com." from TheStreet press release 2007
TheStreet
- founded 1996
This Weekend Business Insider Article:
Online lending is 'disruptive and could be very large' - that has the Fed worried
I believe Rate Watch can explode through servicing the DISRUPTIVE online lending business!
$TST "institutional investors hold 63% of TST's total shares and 73% of its float. Insiders and 5% owners hold 13% " https://t.co/MayLpquSt8
— tom renna (@StockPicker908) October 6, 2015
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