See anything wrong here?

MrDODGE · Mar 17, 2008

http://finance.yahoo.com/q/ks?s=UBS
http://finance.yahoo.com/q/ks?s=BSC
http://finance.yahoo.com/q/ks?s=MF

Lets total up the billions: 251+33+20=304

crgarcia · Mar 17, 2008

Quote from MrDODGE:

http://finance.yahoo.com/q/ks?s=UBS
http://finance.yahoo.com/q/ks?s=BSC
http://finance.yahoo.com/q/ks?s=MF

Lets total up the billions: 251+33+20=304

UBS is based on Swizerland, and guess they'll have to bail-out.
The CHF will devalue significantly if they do so.

-$250 billion in UBS?, my god!

The Kin · Mar 17, 2008

Is negative enterprise value a bad thing? All it really says is prices are a bargain. The same thing happened to legitiment companies after the .com bubble.

Stock + Debt - Cash = Enterprise Value

In other words the company has enough Cash to pay off all it's debt and but back it's stock. The question is why?

MrDODGE · Mar 17, 2008

But how could a bank have that much cash sitting around? Something is odd.

The Kin · Mar 17, 2008

Quote from MrDODGE:

But how could a bank have that much cash sitting around? Something is odd.

Yeah... why would a bank have cash sitting around?

MrDODGE · Mar 17, 2008

Quote from The Kin:

Yeah... why would a bank have cash sitting around?

They are in the spread business meaning they make money when cash is put to work not sitting around.

MrDODGE · Mar 17, 2008

Enterprise Value is the sum of Market Capitalization + Net Debt + Minorities at market prices â Non Operational Assets

The Kin · Mar 17, 2008

Non Operational Assets aka cash.

MrDODGE · Mar 17, 2008

Quote from The Kin:

Non Operational Assets aka cash.

So you find it reasonable for them to have more than 251 billion in cash sitting around?

The Kin · Mar 17, 2008

Quote from MrDODGE:

So you find it reasonable for them to have more than 251 billion in cash sitting around?

In this market. Where a $10 Billion dollar company can goto 0 overnight, yes.