GREY:LSTMF - Post by User
Comment by
patenrighton Nov 07, 2014 6:18pm
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Post# 23108806
RE:Update from CPG
RE:Update from CPGcpg looking for deals still well there are loads of them out there it would really shock me if we don't see a lot of consolidation in the industry in late 2014 and 2015 with so many dirt cheap companies, one of cheapest being LTS and CPG knows LTS well with their most recent purchase cpg paid 4.5x cashflow even with a 100% premium at todays closing price, using $2-2.5 cashflow/share with oil of 75-80 that is still just 2.6x cashflow again vs the 4.5x they just paid