GREY:DLTOF - Post by User
Comment by
SurfForWealthon Dec 10, 2003 6:39pm
109 Views
Post# 6766323
RE: 10.75
RE: 10.75Quick, you are correct the dramatic currency shift will be very advantageous in helping lower the product cost for DL while most of their revenue is in CDN$. The stock is trading for 1.17 times book value. The BV will almost certainly rise above the current price after they report the holiday Q. No debt, high WC level, cheap L/E ratio. There could be significant upside if they produce a good Q here. Cheers!!!