TSXV:CNJ.P - Post by User
Comment by
SurfForWealthon Oct 08, 2003 9:18am
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Post# 6500980
RE: cnj prospects
RE: cnj prospectsFabulous summary 40something...thanks for all your ongoing efforts to keep us informed. It certainly appears as though all the ducks are lining up for some superior performance by both the company & the stock. I am very excited about what the future holds for this company. In a way it is surprising that the stock has not reacted more favourably since the year end earnings were released last week since it was in all the major papers and the story read so positively. The two issues suppressing the stock have to be the huge stake by Apotex limiting the liquidity (float) & the guessing of EPS growth for FY2004. IMO this is creating a very good opportunity to buy the stock.
There is no question that the growth for the next few years will be substantial but the market, being the way it is, tends to look very short term & it is not totally clear how well the EPS will grow in FY2004. There is a lot of potential for upside surprises though as the year progresses. That is why you should buy the stock & just hold it. Cheers!!!