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Purpose Canadian Financial Income Series A T.BNC

The fund seeks to provide shareholders with (i) long-term capital appreciation through investment in a portfolio of Canadian Banks (defined below) (up to 70% on an equal weighted basis) and Canadian Insurance Companies (defined below) (up to 30% on an equal weighted basis) and (ii) monthly distributions.To achieve its investment objectives, the fund will invest primarily in equity securities of Canadian Banks (up to 70% on an equal weighted basis) and to a lesser extent Canadian Insurance Companies (up to 30% on an equal weighted basis). portfolio of Canadian Banks (defined below) (up to 70% on an equal weighted basis) and CanadianInsurance Companies (defined below) (up to 30% on an equal weighted basis) and (ii) monthlydistributions.


TSX:BNC - Post by User

Comment by funkshowon Sep 02, 2016 9:31pm
291 Views
Post# 25204947

RE:RE:Purposeful choice this PLI?

RE:RE:Purposeful choice this PLI?By late 2019 early 2020  pli will earn about $4 a share. 

With about 600M shares, that would give us around 3.75$ of earning per share (EPS). In 2019. For PBL and PPPS alone. An almost de-risked meat processing factory. And by that I mean, only operational risks.
 
With a "normal" P/E (Price / Earning) ratio of 20x, PLI SP (Stock Price) would then be at 75$.
That's more 150$ at a "takeover" P/E of 40.
Do you hear me laugh ? :-D
Never accept a takeover offer under that price. Or you are getting ripped off. Seriously.
Cause this is as lowest risk as can be. With all the conservative scenarios being used all the time.
 
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