OTCPK:PDPYF - Post by User
Comment by
marketdivaon Dec 09, 2016 11:42am
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Post# 25576513
RE:AAV vs PPY more fun with numbers
RE:AAV vs PPY more fun with numberslargeinvest wrote: Lets take a look at the multiple they are trading at to 2017 cash flow and then project out two years to year end 2018 to see where they will be trading.
AAV 2017 CF $1.13, stock price $9.37, Multiple of 8.29 x
PPY 2017 CF $1.74 stock price $9.86, Multiple of 5.66x
Two years from now....
AAV 2019 CF $1.55, assume same multiple 8.29x = stock price of $12.85, return of 37%
PPY 2019 CF $4.30 assume same multiple of 5.66x = stock price of $24.34 return of 147%
Now if we catch up to the industry average which is of course AAV's numbers, and do a multiple expansion then...PPY 4.3x8.29 = $35.65...So our two year upside is between $24.34 to $35.65
Txs for that ...incredible a big fund does not accumulate a huge position from $10 - $12 based on your numbers ....soon