On BNN If you like high beta stocks, you may be interested in a stock that could double or triple this year
M.Takacsy was on BNN.The first call he took was on TVA.B.
This stock just broke upward resistance.
The showt will be broadcast again tonight at 6:00 p.m.
His take on TVA.b was.
1-Extremely profitable company
2-Generates a lot of cash, cash flow
3-Probably the cheapest broadcaster on earth
4-One of the cheapest stock
5- Trades at 3 to 3 1/2 earnings
6- Trades at 2 time EBITDA
7- Very small float
8- Will eventually be privatized(controlled by Quebecor)
9- Little analysts coverage
10- Quebecor would save a lot of money on the public company cost
11- Lester mngt owns the stock
12- WORTH 2 TO 3 TIME WHAT IT'S TRADING AT RIGHT NOW.
13- Very good upside with very little down side.
14-Company will never go bankrupt.
15- Just have to be patient.Privatization will happen one day and shareholders will be rewarded