Current price = A buying opportunity ?Hi guys,
I must admit that the current price drop is pissing me off, but nonetheless, i consider that today's price is not what this company is worth. In fact, i totally agree with Drew McReynolds, an analyst at RBC, who states that the price of YLO follows its peers from other countries (YLO UK -40%, Idear MEdia (US) -50%), but this should not be the case, since YLO.UN has an unique situation (almost monopolistic) and should have a premium vs its peers. We must also consider the fact that YLO is less levered than its peers and has a promising web plaform to facilitate the online transition. Hence, I consider that the current price is a buying opportunity for long term holders.
See ya guys!
PxPx007