Power Corporation of Canada T.POW

More CELEBRATION

[TimeBuilder]

$  32.90  HIGH

[bingostar]

Q4 will be released after the markets tomorrow on St-pat day , EPS analyst estimate is at 0.80$ my estimate is 2.80$ , and a substantial dividend increase,  i will celebrate with a lot of green beers. GLTA

[FabulousFabQc01]

Hey Bingo! Also long on POW. My 3rd position (after SNC and Disney). Can you breakdown on your EPS target? cheers

[Dibah420]

That's quite a spread from $0.80 to $2.80   !!!!

[bingostar]

Indeed but as they previously forecast in their press release , the valuation of Lion share will bring 1$ of eps+ 0.50$ wealth simple+ 0.30$ pargesa+ 0.20$ dialogue and the remaining 0.80$ = 2.80$

[dileas48s]

I think there might be some confusion here over annual EPS vs quarterly EPS.  Scotia has the EPS estimate for Q4 at $0.88 with full year 2020 at $2.93. 2021 is estimated to come in at $3.62. I would suggest that Q4 2020 EPS of about $0.90 would be just about right.

[bingostar]

Analysts completly miss the story right now , only 1 out of 7 is on a buy the others are on hold.  I expect a stectacular EPS in Q4 and an increase dividend from 1.60 to 1.80 $.

[FabulousFabQc01]

thank you Bingo

[Dibah420]

OK.  Thanks bingo.

[dileas48s]

Dividend holds but it remains a great yield. That could change if the SP starts to makes its way up to NAV without a future divvy increase.

[bucheroncapital]

We need to add the 42,2% stake in Lions electric bus to the equation , POW has amazing assets and their value will unfold in du time, love the results $3.08 per shares it's very cheap even now at a new high !

[FabulousFabQc01]

Desjadins in Nov gave a NAV of $1.09 from LION to POW. That's incredible low

[bingostar]

The NAV (net asset value ) is at 41.27$ at dec 31 2020 , an increase of 18% from last year. The Lion share is accounted at  10$ in the NAV , now LION is trading closer to 20 $ that will add another 1$ to NAV as of today . During the conference call , management mention that as today the NAV has increased another 8% overall. So the SP is trading at a discount of 25% of the NAV on average