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Bullboard - Stock Discussion Forum Knight Therapeutics Inc T.GUD

Alternate Symbol(s):  KHTRF

Knight Therapeutics Inc. is a Canada-based specialty pharmaceutical company. The Company's principal business activity includes developing, acquiring, in-licensing, out-licensing, manufacturing, marketing and distributing pharmaceutical products in Canada, Latin America and select international markets. It finances other life sciences companies and secures product distribution rights for Canada... see more

TSX:GUD - Post Discussion

Knight Therapeutics Inc > New sub - 500K bb
View:
Post by MrMugsy on Oct 07, 2022 8:08am

New sub - 500K bb

Both ...

a new submission 

and

~ 500K in buybacks
Comment by gudisgood on Oct 07, 2022 12:04pm
Happy to see the buybacks taking place. The valuation seems pretty damn attractive at these prices... even if the results were to stay at this level! But considering that company is, in my opinion, very likely to make increasing amounts of money in the future, I find the current valuation quite hard to believe. Also, having such large amounts of money in cash and financial assets is still ...more  
Comment by EbbFlow88 on Oct 07, 2022 2:01pm
I think that's one of the main reasons this stock has lagged when the market was rising, but since the market has been getting killed the cash position has been outperforming and keeping our portfolios steady. My portolio has outperformed massively in 2022 mainly from my large position in GUD. In the end though you are correct. We need to put that cash to work, and this is the turbulence to ...more  
Comment by MrMugsy on Oct 09, 2022 2:46pm
No - there is another ! I just wanted to use Yoda's quote ... but ... I do see additional hope for a bright future. -------------- It is GUD's cash/financial position and growth rate that will provide stability when future markets hit downturns.  That is obvious - and - why I'm here. Lots of growth available with Exelon and other early stage drugs right now and that growth ...more  
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