TVA GROUP February 26, 2021
Hello Mr. McFadgen
I didn't aimed to target you as an incompetent financial analyst, but you are clearly off-track on this one.
I know about your faithfulness in keeping abreast of this shameful public company by your presence on each Conference calls, however not on the latest (February 19, 2021).
However, let's be down to earth. A pickle like TVA.B is trading at roughly $2.20, currently almost a 52-weeks HIGH.
The stock is held at 65% by one single shareholder, Quebecor, via Quebecor Media.
Quebecor Media is therefore the only market-maker available to create shareholders value, which it hasn't done for now almost 7 years.
It is obvious that it will never reach out to $8.00/share in any way, shape or form.
How can shareholders be such passive for so long, in losing money year after year.
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I know in the context of the share price but in my opinion the share price makes no sense. And my target ascribes a large negative ev for tva sports that is likely highly punitive