Post by
slst on Oct 02, 2021 2:09pm
Oct 1st. Morning Star shows Fair Value at $8
Not sure why TD looks at this ignoring the Parent Co. and suggesting it should be discounted.
They just refinanced Mortages at 3% that were previously 4%. They had over $100million in Cash. A bunch of assets with no mortages. Debenture due in Dec is partially held by parent.
Delta Variant just slowed things down. Hopefully things get better soon.
Annual Cash flow is approx $1 per share. Bought a little more on Thursday.
With a little luck, this turbulence will end soon and the downward trend will turn back up. Likely very fast if the Short sellers star closing their positions.