InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,460.48
(
-0.41%
)
US TECH 100
19,181.60
(
-0.43%
)
Dow Jones
39,118.86
(
-0.12%
)
Brent Oil
84.85
(
0.00%
)
Bitcoin
60,908.10
(
0.99%
)
Post# of 113996
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

researcher59

Send PM Follow Ignore
Followers 322
Posts 31993
Boards Moderated 22
Alias Born 12/30/2004

researcher59

Member Level

Re: gilead23 post# 107338

Thursday, 09/14/2023 11:57:52 AM

Thursday, September 14, 2023 11:57:52 AM

Post# of 113996
VTLE -4.50 to 54.85, agreed, they're diluting substantially, depending also on the convertible terms which I haven't read. Even assuming double the share count, and just 30% increased NI, that cuts EPS estimates for 2024 from $20.43 down to $13.28 for a forward PE of 4.1.

I'm not selling based on this superficial analysis. The stock remains cheap, but not as cheap.

Maybe they're adding a lot of reserves which has been a concern and partly the reason for the low valuation ?

I'm busy with other things, but will review this deal more closely over the weekend. Thanks for alerting me about the acquisition. I get a flood of PRs each morning and missed seeing that one.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up