TSX:IBG.DB.E - Post by User
Post by
Oakboy1110on Nov 29, 2019 8:23pm
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Post# 30407723
Comparison with Calian
Comparison with CalianThis week Calian, a professional services company, reported results for their year end-9/30/19.Comparison is made to IBI's trailing 12 months ending 9/30/19.
IBI. CALIAN
Net sales(mil of CDN $) $378. $343
Adj EBITDA. $43. $27
% of net sales. 11.5%. 7.9%
Per share (diluted). $1.16. $3.45
Multiple of 11/28 price. 4.8. ($5.50). 11.3. ($39.00)
Base on Calian multiple, IBI should trade around $13. Partial explanations
Calian has no debt.
Calian pays a dividend of $1.12 per year
Calian has consistent performance-revenue from long term government contracts.
Can this explain the large shortfall in IBI's price. Both are small cap, thin traders.
WHAT IS THE ANSWER TO GET IBI'S SHARE PRICE HIGHER?????