GB Group Ord Shs GBGPF

Current Book Value

[HopefulJuan]

Book value / share for CMED is $3.96 vs .60 for ACB would imply a value factor of 6.6
Price / Sales is 126 for ACB to 29.68 for CMED, Price / Book is 10.1 for ACB to 4.97 for CMED.
Seems like smoke and mirrors in play.
CMED does not need ACB imo

[Extalliones]

Gotta be honest I understand next to none of that. 

[HopefulJuan]

May I ask what logic you base your investment decisions on ?

[Rockpaperstock]

That's funny.  Yeah, not understanding P/B ratio.... living dangerously mate!  It's not voodoo, Google is your friend. P/B for WEED is 4.9, APH 4.1....if we can compare ourselves to those 2, seems like we're not too overvalued (vs ACB at 9.3)

[makingmoney1]

This post has been removed in accordance with Community Policy

[VENMan]

From the ACB News Release, the date in which the conditions have been satisfied will determine the number of shares CMED will get of ACB based on the 20 day Volume Weighted Average Price of ACB, with a price Cap at $24. So I hope CMED will sit at the table with ACB if it's not to late and get us at least a better share ratio if ACB's price does go down in Dec or there could be a sell off

[bluevelvet]

I wouldn't buy at this current price either. But I definitely see the potential of the company. Would definitely buy a lot more stock if it drops back to $3 -- not convinced that will happen though, yet. But I'm learning this industry is not all that predictable to say the least.

[Valuewalk]

Its definitely a bit precarious at these elevated prices. Cant blame people for being attracted to the potential of a bid but it looks like ACB is still deciding whether or not to move forward. The fact that the spread is so wide and keeps widening is not encouraging. If ACB walks away, there is no telling how low it will go. You could potentially pick up shares on an overshoot to the downside. $3

[bluevelvet]

I personally think if the takeover doesn't happen that my investiment in ACB will be kind of messed up.

[GR8BALLS]

I hoped that CMED would remain on its own at least for a couple more years.  I see ACB moving up today and CMED staying down... manipulation ...  what can we do.  I would appreciate 30 dollars per share but it ain’t gonna happen