RE:any commentsI'm surprised they don't take the guy's keyboard away. What nonsense. The value of any business is the present value of expected future cash flow to its shareholders, plus/minus current balance sheet adjustments.
The guy assumes that people were valuing CRH based on gross numbers and not net returns to the actual shareholders of CRH themselves.
This is so basic that I can't imagine anyone was actually doing that. The analysts certainly weren't. I wasn't. Were you?
Like I said, I'm surprised they don't take this guy's keyboard away.
bmbruce wrote: any comments..
https://www.fool.ca/2017/04/24/is-crh-medical-corp-a-valeant-pharmaceuticals-intl-inc-2-0/