Post by
riverrow on Jul 17, 2013 8:22am
PE ratios
Loblaws, trading at at least 14x PE is buying out Shoppers which is trading at at least 14x PE. Basin wants WZL for less than 8x PE. Different industries for sure but you see the kinds of returns that are out there. If Basin scoops up WZL they'll probably seel the company to somebody else in a year or so at the normal 6.6x EV/EBITDA for a nifty $20 million or so in quick profit. IMHO only.