TSX:CAR.UN - Post by User
Comment by
Mephistopheles3on Apr 11, 2022 4:22pm
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Post# 34594892
RE:RE:More BNS
RE:RE:More BNSWe'll have to see on this one as I don't think it's trading at such a discount that would make it attractive to the Canderel's of the world. I would actually say H&R right now (which I'm very bullish on) is much more close to a privatization vs. CAR given that they are trading at something like 30-35% of a discount vs. 10% or so for CAR.
One thing that I was disappointed to see in the SEDI disclosures this morning is that CAR did not use any of their share buybacks under the NCIB in the month of March. This seems like the easy way to capitalize on their share price being low. Not sure what management is doing here with the buybacks.