Neighbourly Pharmacy Inc T.NBLY

Healthcare

Neighbourly Pharmacy Inc. is a Canada-based company that operates a network of community pharmacies. The Company is an owner and operator of retail pharmacies located throughout Canada under banners such as IDA/Guardian, Pharmachoice, Pharmasave and Remedy’s RX. The Company, through its subsidiaries, owns and operates a network of retail pharmacies known as Rubicon Pharmacies (Rubicon or Rubicon Pharmacies. The Company owns and operates approximately 287 locations across seven provinces and one territory, a coast-to-coast footprint that provides scale and diversification. The Company’s pharmacies provide accessible healthcare with a personal touch. The Company also owns British Columbia-based pharmacies.

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Neighbourly Pharmacy Inc

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Post by Possibleidiot01on Sep 26, 2023 4:26pm

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Post# 35655561

Stephen Takacsy - BNN - PAST TOP Pick

PAST TOP PICK

(A Top Pick Nov 07/22, Down 41%)

The small pharmacy market in Canada is fragmented. Despite record results, growth by acquisition stocks are out of favour now because of higher interest rate concerns over too much debt. However they can easily cover their interest payments. Since their IPO a couple of years ago revenues and profits have more than doubled. It has a great runway for growth with improving margins and free cash flow and he is adding to his position. It is at an all time low valuation at 9X EBITDA.

Healthcare

$13.390