RE:RE:RE:RE:RE:Optimism by Poirier at DesjardinsI get what you are doing. It's hard enough though trying to stay with Analysts realistic presesnt time predictions that are according to market realities. The more I do the numbers the more I realize how much this SP is suppressed.
Having said all ,that let's see whether the technical graphs will be of any help on future SP trends. I suspect they won't. This stock's SP is very controlled.
Cheers
Letsmakemoredol wrote: BBDB859, I think there has been come confusion and have to make it quick, its almost dinner time here on the west coast lol.
First I don't really know you, I've only been here what 1-2 weeks? I do like your numbers thou and trust your #s, no issues. Together we've only used EV/EBITDA, we've never talked about FCF multiples. Anyway, I have never suggested 18+x EV/EBITDA multiples, I only posted that NYU has an average of 18.49x on 70 companies in the aerospace/defense sectors. I do not agree with that those for BBD.
The other thing I did was post that I read an analyst report today that based GD/Gulfstream valuation on an FCF multiple of 18.9x and simply plugged that for BBD which gave a valuation of $264.40 CDN. I believe you have a valuation of around ~$303 CDN recently based on other multiples/calculations. So why isn't $264 realistic?
Could be some confusion of the double 18x multiples. Not saying I am right or wrong. Just adding in any research that I come up with. I disagree with even the upper analyst # by Desjardins of 8.25x EV/EBITDA at $143, that is too low
Again, as I said today, just trying to find an average thru as many ways as possible to say BBD valuation is over $200.