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Neighbourly Pharmacy Inc T.NBLY.R


Primary Symbol: T.NBLY

Neighbourly Pharmacy Inc. is a Canada-based company that operates a network of community pharmacies. The Company is an owner and operator of retail pharmacies located throughout Canada under banners such as IDA/Guardian, Pharmachoice, Pharmasave and Remedy’s RX. The Company, through its subsidiaries, owns and operates a network of retail pharmacies known as Rubicon Pharmacies (Rubicon or Rubicon Pharmacies. The Company owns and operates approximately 287 locations across seven provinces and one territory, a coast-to-coast footprint that provides scale and diversification. The Company’s pharmacies provide accessible healthcare with a personal touch. The Company also owns British Columbia-based pharmacies.


TSX:NBLY - Post by User

Post by Kanatainvestoron Oct 19, 2023 9:59am
140 Views
Post# 35690691

The trading action affirms the need for NBLY to go private

The trading action affirms the need for NBLY to go privateThis trickling decline on low volume, despite a signed letter of intent to go private, is in itself a confirmation as to why Neighbourly needs to go private. PCP has a much better chance of accelerating growth by eliminating the dividend, cutting listing expenses, and dialing up leverage without public market investors going into a tizzy! In a couple of years, with steady growth and improved operating margins, this company will be generating $150M in adjusted EBITDA, and worth $1.5B at 10 times EBITDA. PCP will make a bundle buying NBLY for under $1B within weeks.    


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