GREY:TRIAF - Post by User
Post by
valu_nvstoron May 17, 2013 4:54pm
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Post# 21414967
Some valuations from different institutions for TO
Some valuations from different institutions for TO Here is some valuations from different institutions for TOL.
TOL 2.54
Target
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Scotia 4 160%
National Bank 4.25 170%
FT Market Low 3.25, Med 4, high 5
Book Value
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Morning Star Fair value 3.34 134%
RBC fundamentals 3.125 125%
Now, we can easily see that the value of the stock should be a lot higher than its current value on a book value perspective, even based on a NAVPS or CF. This stock has been a victim of being a Canadian venture small energy cap where US investor money has simply escaped! A few quarters should bump up the price to at least $3 in my opinion. The problem will be selling some assets and not others. PBN would have been the obvious acquiror but I don't think they are in a good position to do that now just yet.
The take is patience and keeping an eye out on reports!
Anythink you know about TOL you would like to share?