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Posted
9 minutes ago, Gavin said:

It is a seller’s market right now If you want to cash out and retire. 

 

Really?   Wonder what Sims Marine is worth? 

Posted
1 minute ago, shrapnel said:

The pinchers break off their rage craws way to easy for the price.  Dang bluegill pecks at a jig and you lose a claw.

Yeah I like the Rage chunk in the Winter for some stupid reason that I'm sure is just in my head.   The rest of the time it is Critter craws or Super speed craws.

Posted

You could get it valued. Buyers are harder to find for smaller service company's and the multiples are allot lower due to increased risk. Figure 2.5 Seller's Disretionary Earnings as a starting expectation, adjust up or down depending on the characteristics of the business. Inventory, real estate (owned, lease obligations), FMV of business assets, unreported items,     comparable sales, personal assets in the business, tax liabilities, environmental liabilities, etc. Lots of things to consider if want to estimate a value but the only one that matters is when someone is willing to pay you cash and/or sign a note.

Posted
9 hours ago, Gavin said:

You could get it valued. Buyers are harder to find for smaller service company's and the multiples are allot lower due to increased risk. Figure 2.5 Seller's Disretionary Earnings as a starting expectation, adjust up or down depending on the characteristics of the business. Inventory, real estate (owned, lease obligations), FMV of business assets, unreported items,     comparable sales, personal assets in the business, tax liabilities, environmental liabilities, etc. Lots of things to consider if want to estimate a value but the only one that matters is when someone is willing to pay you cash and/or sign a note.

So in other words, the price of a good pulled pork sandwich. 😁

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Posted

Well I will have to wait  and see I will bet though it will not be anything conductive to improvment in America. 

My wife called The Wallmart service center today about some foul up ith herpasswor her password. After talking tp spmeon in India for over an hour she was madder and more frustrated than I have seen her in a long time. i see all the excuses about american workers bit you lno it os just mostly nothing more than greed..

 

Posted
19 hours ago, fishinwrench said:

Screenshot_20171107-110627~2.png

Now that’s funny I don’t care who you are. 😂

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Posted
On 11/6/2017 at 11:41 AM, jpb2187 said:

There's billions of dollars in the private equity funds that HAS to be deployed in the near future or the funds need to return the money to the investors, which they won't do. The result is lots of companies buying assets. 

Likewise, lots of companies under PE ownership are following the route flysmallie is describing... buy lots of smaller companies in the same industry (say for 5x EBITDA), bundle them in your base business, then turn around and sell the whole package for a 10x mult.

There are lots of highly leveraged deals going on out there. Don't know if I want to call it a bubble, but sure seems like one is building.

 

The company I work for just went through this. Now that I work for Omni-Evilcorp, my satisifaction with my employer has nose-dived. Hail to the almighty dollar of the shareholder. <_<

Will never work for a public company again. 

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