Premier Health of America Inc V.PHA

Interest rate impact on financials

[Torontojay]

The BoC will almost certainly take interest rates to 3% and possibly lower over the next year.  A good percentage of Pha's long term debt is variable and impacted by the Policy rate of our Central Bank. At years end, the company had $31,336k in variable long term interest debt. A 200 bps drop in interest rate will increase EBT by $626.72k over a 12 month period. The company's market cap is less than 10 times that amount! 

Is it time to go fishing?

[snootchybootchy]

I've been tempted to buy here but share price could still go down because of tax loss selling. I'm thinking maybe to wait until new year when there is no more tax loss selling and my TFSA limit is refreshed

[colourama]

Have we missed our opportunity? A random +50% day (albeit on low volume). Not that I am complaining, of course.

[stockrook86]

Wanted to buy more when it sank after the finacials, but didn't have any spare cash without selling other beat up value stocks.  I honestly believe it drifted so low is because the main buyer has been the CFO and the blackout period after Q4 is ridicously long at 2.5 months until the audit is done, so it just kept falling.  I'm still good though, pretty loaded up. Falling