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Bullboard - Stock Discussion Forum Knight Therapeutics Inc T.GUD

Alternate Symbol(s):  KHTRF

Knight Therapeutics Inc. is a specialty pharmaceutical company. The Company’s principal business activity is developing, acquiring, in-licensing, out-licensing, manufacturing, marketing and distributing pharmaceutical products in Canada, Latin America and select international markets. It finances other life sciences companies and secures product distribution rights for Canada and select... see more

TSX:GUD - Post Discussion

Knight Therapeutics Inc > Unimpressive Q3 - Still Waiting
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Post by longrun86 on Nov 07, 2024 9:59am

Unimpressive Q3 - Still Waiting

Tales of glory will most certainly not be written about Knight's Q3 performance.

I am still holding my shares.

I am looking forward to the day when it finally signals that it will be a profitable business and generate returns on shareholder capital as measured in Net Income.

It feels like it is coming soon but I've also been feeling this way since 2022!

LR
Comment by EbbFlow88 on Nov 07, 2024 10:17am
I'm actually a bit surprised by the market's reaction. Book value increased to roughly $7.70/share. It's the 3rd straight quarter of operating profit which is the most important metric as the investment in funds vary a lot to swing Net Income. The revaluation for Synergy is great but we'll see where its trading in 6 months after lock-up and what Knight chooses to do with that ...more  
Comment by gudisgood on Nov 07, 2024 11:44am
I'm with you. Although an uneventful quarter in terms of business development, it was a solid quarter in terms of results, and aligns with the financial guidance given earlier. We knew there would be an increase in operating expenses which, as I understand, are all building for future sales, and they were also included in previous financial guidance. The new launches are only slowly getting ...more  
Comment by Stockoman1 on Nov 07, 2024 10:20am
I hear you.  6 year and still awaiting the day. Maybe when the grandchildren gradute from college !  
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