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But do you really believe that someone would pay a 50% premium for such a run-down company in ruins?
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@Multibagger I think so. The company itself certainly has prospects and absolutely has a right to exist. It's just stupid when you have such a management :/
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@Multibagger What do you mean by a company in ruins? Yes, demand has collapsed in various areas such as cosmetics, but that is by no means a company in ruins per se.
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@Konstantin85 So far, every interested party has backed out after a more intensive examination. Targets and results are missed - permanently - and forecasts are always revised downwards. As a result, key figures are never seriously comparable.
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@Multibagger definitely. New CFO is on board, stable analyst consensus. Those would be the positive points in the dilemma. The risk is massive, but I threw in 70 shares earlier 😅
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@Konstantin85 As the saying goes: your choice, your risk😉 or, as I always say, no risk, no fun.
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Debt far too high in relation to earnings. That can't be good for shareholders.