Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by Scruggstyleon Nov 08, 2015 2:40am
113 Views
Post# 24270861

RE:RE:Based on earnings, we should be at $75-$110

RE:RE:Based on earnings, we should be at $75-$110I would agree with you on the 10 to 12X multiple, BUT future earnings are more relevant to valuation than past earnings.  Of course, that is what we are waiting to find out.  $6.95 (or so) USD has been floated around for 2016.  IF that materializes, then price in CAD could be calculated as 10~12X $9 = $90 to $108.  When valuations in other sectors get too frothy and the herd starts to take their profits, then money will be looking for a place to go and the health sector should get a bid, and we should get multiple expansion commensurate with our perceived risk profile.  IMHO, of course.
<< Previous
Bullboard Posts
Next >>