GREY:ALARF - Post by User
Comment by
Capharnaumon Jan 04, 2019 10:03am
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Post# 29185767
RE:RE:Under valued
RE:RE:Under valuedSunsetGrill wrote: No material reason?? - The markets just had their worst qrt since the world was coming apart in 2008. The markets dont need a reason; but if they did it would have been "world wide selling". Look around - this is not the only stock at book and 9x earnings. The market is not going to go to AD first; they will be going to faster growth names in a turnaround (energy and financials are just as cheap/cheaper than AD; with more growth). This is a divy stock as part of an overall portfolio 10% divy - sit back and collect it - and if its so cheap buy more.
Canadian stocks in general are really cheap (especially financials).
As to the growth part, I have to disagree with you... Alaris at this point has a better growth profile since they have room to improve results by another 10% in the coming year. That's not even accounting for extra $ they may get back (that was written down previously). Alaris also has built-in organic growth in their contracts (collars) that the banks don't have.