Originally Posted by
bull....
heres my view
no one on here has provided a proper valuation model of the company. if your going to do a proper valuation of the company you do not use operating cashflow to measure the health of a company as beagle has suggested , operating cashflow can be subtly massaged to provide a better picture than is in fact reality.
also you dont use FCF the correct measures to use are FCFF OR FCFE and taking into account the WACC to measure the levered free cash flow.
As for people saying there be a wave of money flowing from met to oca dont make me laugh. how would anyone know what people will do with there money its no more than ramping and wishful thinking from vested interests in the stock and the stock will most likely be affected by the state of the stock market than anything else. remember most stocks are valued highly because of a big bull market. oca could easliy be $2 or 50c dictated by the state of the markets more than anything else at the moment. take your pick