TSX:CUS.DB.D - Post by User
Comment by
HAWK37on Apr 07, 2015 12:30am
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Post# 23602895
RE:RE:Canexus Guidance for 2015
RE:RE:Canexus Guidance for 2015
With EBITDA of $92 million, at 8 times (very generous), the company is worth $736 million. With debt of $633 million ($616 mm + the January dividend), the equity is worth $103 million, or 55 cents a share. At that price, it yields 7.3 % (with a 4 cent dividend) which is about right. Lots of downside.