Post by
Baystboy07 on Aug 03, 2023 9:43am
Phenomenal quarter but market is yawning at it
Incredible quarter. Centaurs performing above expectations, EBITDA revised upwards again. NCIB finally being used. margins in the US on traditional propane significantly improved.
By my calc trading at 7.35x trailing EBITDA which is cheap.
market seems to be focused on overhang of shares.
Comment by
1northumberland on Aug 03, 2023 10:23am
Short squeeze to come a just beginning. earnigs were great. over 7 moon shares short means this is going much high especially that Brookfield is a major shareholder.
Comment by
Baystboy07 on Aug 03, 2023 10:46am
I think those are short against the box. Either M&B or Certarus PE holders waiting for the lock up to expire. I do think once those overhangs get resolved this stock will be higher. GLTA