Laurentian Bank of Canada T.LB

Stephen Takacsy

[88guy88]

Laurentian Bank(LB-T)

26/07/2023

+Get Signals

A short-term, event-driven pick. For sale, a unique opportunity in Canada for competitors to increase market share, especially in Quebec. Book value is $60 per share. Sees takeout price at $54-60, so 25-40% upside from today's price. Yield is 4.36%.

One says strong buy and another says do not buy...thats why analyst comments are basically USELESS!  Just flip a coin!!

[dogatcat]

Takascsy is based in Montreal, hob nobs with the Laurentian elite.  He is a moved and shaker in Montreal.  Methinks he is more informed than Keith Richards who just looks at charts.

[DeanEdmonton]

Dog- you agree with Takascy's perspective because it alignes with your point of view. You denigrade every point of view that doesn't. You buttress this support with Stephen being located in Montreal. If he had any insider knowledge he would be precluded from using it and he certainly would not be publishing it. He is working with the same amount of information as everyone else. The only

[dogatcat]

How naive are you?  You don't think these investment analysts /hedge fund guys don't talk on the golf course?  Wink, wink, nod, nod.     I do follow Stephen Takacsy - he does not usually jump on short term trades.  He jumped on this one and it makes me wonder "WHY??"  It is merely conjecture on my part but I think he my have a tip that he is

[88guy88]

dogatcat....you do make a valid point about Stephen T.....he is a buy and hold long term value guy and for him to say this is a short term buy with potential and $55 is not what he normally does and he is very conservative investor.....so that is quite telling.....we will see RSI is 52 so neutral....looks like the price is setting a base here....as we wait for the news roll those dice....c'