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Counsel Corporation CXSNF

Financial Services Specialty Finance
A financial services company


GREY:CXSNF - Post by User

Counsel Corporation > National Bank researh report...
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Comment by GAMOOD2on Apr 22, 2017 7:39pm
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Post# 26153472

RE:National Bank researh report...

RE:National Bank researh report...OK, am I reading this correctly?

"Blue sky outlook is attractive 
Using our current NBF target multiple on three-year forward estimates implies an attractive 52% return from the March 8, 2017 closing price".
The closing price March 8 was $1.67.
52% gain in 3 years equals $2.54
So in 2020, SCB is worth this amount?
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