Post by
KozmoT on Jun 29, 2023 11:45am
Well, we know for sure CSV investors sure like the deal ...
Carriage is up 20% today ... Yowza!!!
Comment by
retiredcf on Jun 29, 2023 12:59pm
Based on their website, Carriage are partners with and support 173 funeral homes and 32 cemeteries in 26 states so this would significantly increase PLC's footprint in the US. Interesting that it was only a week ago, when they appointed a new CEO while their founder assumed the role of Executive Chairman of the BOD. GLTA
Comment by
Apaulson on Jun 29, 2023 10:24pm
PLC will go the way of the Loewen Group.....
Comment by
retiredcf on Jun 30, 2023 8:09am
Looks like your first post on PLC and you are predicting that it will go bankrupt. Don't let the door hit you on the way out. GLTA
Comment by
zforzebra on Jun 30, 2023 2:43pm
The point is taken though. If PLC acquires to quickly with too much debt and/or it's not accredition, it can end up like Loewen Group. As investors, we need to make sure the company doesn't have this problem. At this moment, PLC is managing debt and focusing on accreditive acquisition, so it is no Loewen Group. Loewen Group was also majorly messed up by a crazy lawsuit.