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All worlds
17 Sep 2020 20:28Link
Having a low P/E is extremely difficult for corporations that achieve high values. I have, for example, some corporations that consistently make decent profits and have corporation values of between 500b and 800b that I'm unable to IPO. Their value is too high.
Instead of having to spend days manipulating their value by holding products, lowering productivity, etc. to artificially drop their value, I'd rather see something like (not exactly but this illustrates the proposal):
If value >500b, and profit over 5b/year, then you can IPO. I think the defense against IPO'ing corps that are low value or low profitability makes sense, but why block corporations that are very successful? If they weren't successful, they wouldn't have these enormous corporation values.
Instead of having to spend days manipulating their value by holding products, lowering productivity, etc. to artificially drop their value, I'd rather see something like (not exactly but this illustrates the proposal):
If value >500b, and profit over 5b/year, then you can IPO. I think the defense against IPO'ing corps that are low value or low profitability makes sense, but why block corporations that are very successful? If they weren't successful, they wouldn't have these enormous corporation values.