TSX:CHE.DB.E - Post by User
Post by
carp1104on Aug 12, 2022 2:41pm
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Post# 34892402
BMO
BMO
They are the most dishonest bunch . They gave a higher multiple after the 1st quarter than the second 2nd.( 6x 1st and 5x 2nd) . At least CIBC gave a reason for their change from 7x to 6.5x but still increasd the share price forcast to $11 base case and $13 upside case. I follow all my stocks very closly and find BMO to be the least reliabe to give the general investor a fair report. Yet they buy the shares at a higher price than their estimate? why is that? . As always just my opinion and I think that $12.00- $14.00 is a much more realistic price ( If caustic price stays high and sulpher remains low . Which I keep a close eye on) So the earnings could be very good.
carp1104