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  1. #1
    Karen37a
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    Quote Originally Posted by mcaguru View Post
    its still down over 20 bucks per share from the high 3 years ago. its up alot but its from less then 15 million dollars of buying power supporting today's jump (on wall street that's tiny tiny amount of buying power--may not even be what i call smart money/ institutional ? ) ... my understanding from my sources was that the expectation was that this company would be worth several billion from the IPO going forward. It has NOT..its to early to tell which direction its going.
    Aug 7 (Reuters) - OnDeck Capital Inc topped second-quarter profit estimates on Tuesday, as the online lender gave out more loans and earned more from higher interest rates.

    The company now expects a full-year 2018 profit of between $10 million and $16 million, from its previous forecast of up to $10 million
    Last edited by Karen37a; 08-07-2018 at 12:01 PM.

  2. #2
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    Quote Originally Posted by Karen37a View Post
    Aug 7 (Reuters) - OnDeck Capital Inc topped second-quarter profit estimates on Tuesday, as the online lender gave out more loans and earned more from higher interest rates.

    The company now expects a full-year 2018 profit of between $10 million and $16 million, from its previous forecast of up to $10 million
    well i need to study what the true valuation of a firm earning 15M with all the other growth trends.. fin-tech is typically valued 7/8 times ebitda. also if economy corrects would they still be able to sustain current model ( and im not talking funding model -- im talking how they sell the deals etc).
    Last edited by mcaguru; 08-07-2018 at 12:04 PM.
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  3. #3
    Karen37a
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    Quote Originally Posted by mcaguru View Post
    well i need to study what the true valuation of a firm earning 15M with all the other growth trends.. fin-tech is typically valued 7/8 times ebitda.
    Im not going to comment on this anymore

    I thought I entered cash advance to make 100k a month

  4. #4
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    Argh was looking at adjusted net income.
    Last edited by Jess; 08-07-2018 at 12:24 PM. Reason: Mistake

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