Selling PHM....But then again I pulled the trigger too early on VMD so my exit strategy may have to be reviewed as things start developing here in the next 2 to 6 months.
1 - I expect 1 acqusition before Jan 30th.
2 - I expect increased earnings and EBITBA of at least 20%
Increased active analyst coverage will firm price up into at least the 20s, expectations will be raised with the promise of new equity financing done to finance future acquisitions. At the same time the company makes application to follow VMD to the big board TSX. And there is a 1 for 10 rollback to help make this all possible.
It is cookie cutter simple. Even Risky should be able to figure it out. Maybe. PHM will meet all the requirements to switch to the big board if it already does not now. And don't forget Healthcare stocks are expected to be in vogue again in this next cycle.