RE:RE:RE:Financials and simple mathJust for perspective, I calculated what CXR would trade at if the multiple was 13x (same as PRGO). At 13x I calculate 100.79 CAD a share. Pretty crazy. Targets are being pulled from a hat at this point.
wallop13 wrote: Fact - Could easily be bought out. Enterprise value is 7.5x EBITDA. PRGO trades at over 13x. A year ago they traded at 23x. Sector is sour right now.
Fact - Half the account receivables came from AMCO. But hey, maybe they were stuffing too.
Fact - Reformulations might not be exciting, but adding 40M a year to revenue doesn't hurt.