Take a while but well worth it.Everything is being sold to some extent and ones like this much more than others because of past events. In the end investors will look for companies that have a strong cash position who are buying back stock and increasing earnings and growing. This one fits in there nicely.
The TSX listing is important as well and will help but the bottom line is show me the money. What many forget is that what is happening in China or anywhere does not have anything to do with PHM and it's earnings and growth. As they confirm that nothing has changed and we are still moving ahead the D&G effect will disappear especially if they meet the 200 mil year end target run rate.
The demand in healthcare is not going to be changed because of what happens in any stock market. In fact the need to save on healthcare costs will only make it easier for PHM to grow. They have grown in every quarter in the past so we still have 100% odds that this will continue. Once investors filter through all the carnage in the markets this one will stick out as a great place to put some money to work. When on the TSX it should climb back to a p/e of 15 + over a few quarters being a great return from from these levels. N3