/biz/ - Business & Finance

>>1156514
OR.....I could subscribe to an analyst site with hundreds of professional analysts that already do this for me without having any doubts of their professional qualifications instead of relying on a bunch crypto faggots who only speculate based on merit less assumptions.

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>>1148641
Any amount of money is work investing if you there is a good possibility of making more.

Its that kind of thinking that keeps you from being wealthy.

Now let me get more technical for you faggots in terms of value investing and why I believe VRX is a good bet:

My valuation implies an approximate 12.5 times multiple on my new estimate for the firm's 2016 EPS and assumes Valeant can eventually stabilize its operations and can meet debt obligations without raising equity capital or major asset sales. I'am leaving my initial assumption VRX having a narrow competitive advantage in place for now, but I DO acknowledge the company has significant challenges ahead to meet my expectations and to alleviate default concerns.

As long as the company can stabilize performance and address near-term volatility from the discontinued Philior relationship, I envision Valeant can produce sufficient cash to pay its $1.6 billion cash interest payments in 2016 with some leftover to help pay management’s target debt reduction of nearly $1.7 billion. At the end of the year, Valeant’s senior secured leverage ratio of 2.1 came in under the 2.5 debt covenant, and EBITDA interest coverage of 3.3 similarly surpassed the 3 times covenant requirement. However, the company’s delayed 10-K will remain a concern as management attempts to negotiate with lenders on a cross-default risk by missing its financial reporting covenant. As long as Valeant can file its 10-K by the end of April, I anticipate the company is likely to avoid a technical default with lenders.

Therefore my DCF model has predicted VRX a buying opportunity once is drops <$60.

My model sees a fair value estimate of the stock being in about the $120 range.

>b-but hurr durrr da debt
>what's value investing huurr durr

>>839396
>>839516
>>839591