I agree with the author. PD looks 70% undervalued. The debt-to-equity ratio of about 87% is definitely an eyesore but if the company can grow as analyst's predict at 50% a year, this could get paid down/paid off quickly. I see PD as a possible 3 bagger in 3-4 years.
I agree with the author. PD looks 70% undervalued. The debt-to-equity ratio of about 87% is definitely an eyesore but if the company can grow as analyst's predict at 50% a year, this could get paid down/paid off quickly. I see PD as a possible 3 bagger in 3-4 years.
Great article Michael, do you have a positive view on Trican too?