TSX:PMZ.UN - Post by User
Comment by
Frankie10on Aug 05, 2022 11:13am
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Post# 34874159
RE:RE:RE:$14.00 even
RE:RE:RE:$14.00 evenYou're missing the point that all assets get sold in a liquiditation event. Correlation between all assets continues to drift towards 1 (bonds included). I dont disagree there is enormous longterm value here, even moreso when you consider valuation proposition relative to also undervalued peers. But my base case is simply everything will go down. It is what it is bro. We are operating in a world where a positive jobs report brings the market down because the likelihood of hiking increases. It's a clown world, plan and act accordingly. I wish you all the best man.
SNAKEYBOY wrote:
your missing the fact that right now pmz is not inline with sector valuations by about 10-15%. That discount will close now after two decent quarters and proven management execution