Union Gas intrinsic value is worth at least $1.17. With the latest acquisition, EPS stands at 0.09. Taking the average PE of 13x, the value is way more than current price which is treading according to EPS 6cents
Like Union Gas, a stock called Nordic also will do great after an acquisition.
Combined both EPS was 6.8 cents PROFOMA. Historically, Nordic traded at average of roughly 10X.
Can we say share price should hit 68c?
Can we be certain of jump in earnings? The orderbooks of Nordic / Starburst look cool