TSX:AD.DB.A - Post by User
Comment by
SunsetGrillon Mar 11, 2022 7:37pm
235 Views
Post# 34508293
RE:RE:Scotia-At this point I'll take the fvcking $21 target c'mon
RE:RE:Scotia-At this point I'll take the fvcking $21 target c'monHoly Crapp Herman - Wrong?? You may want to check the share price currently - If you look back over the last three years Scotia has been consistenly the lowest target and consistently CORRECT its easy too look back and they were corrrect- looking forward who knows. Open your eyes.
HermannHaller wrote: I think I see why now they have been so conservative (wrong). Their valuation is based on looking at the 3-year average multiple on the stock. Of course the past 3-years were dominated by the pandemic scare and the huge volatility in the market. They should take the multiple where it traded pre-pandemic, then, considering that the coverage ratio and payout has improved, use an appropriate multiple looking forward. Unless they are expecting another pandemic.