TSXV:VER.H - Post by User
Comment by
Kantenahon Jan 05, 2008 12:17pm
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Post# 14156228
RE: Weekend Musings …
RE: Weekend Musings …I agree with your speculation. This stock is ripe for a bid from one of the big defence players. With the recent defence spending binge in the US, the big boys all have a lot of cash and their boardrooms must be buzzing with talk of acquisitions.
But if not, I still think that VRS is a worthy investment, with a solid balance sheet and good potential for future business growth. The stock price was unfairly punished by one piece of bad news last November, but with a couple of quarters of solid performance in the first half of 2008, we should see it come back to a more realistic valuation. In the meantime, buy 'em while they're cheap!