OTCQX:LMCNF - Post by User
Post by
templetooth2on Jun 07, 2018 4:37pm
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Post# 28141918
Drop
Drop
Everything Brazilian has been infected with Zika virus the last few days. Brazilian real is in freefall, though you'd expect that to help the Brio assets costwise.
Then you have the Mexican election in about 3 weeks with AMLO the expected winner, so a true red socialist in charge for the first time. This will take a bit of adjustment for people to wrap their heads around.
Meanwhile, Scotia expects eps of 26 cents this year, 61 c next and 76 c in 2020. All US funds. So, at $2.50 Cdn per share, LMC is trading a little over 3X eps (2019).
Disappointing news: heard from IR that the new warrants won't be listed.