News: Saputo ups stake in WCB again , page-15

  1. 141 Posts.
    If they sell, Saputo will likely try to take the company private & delist from the stock exchange. (from what I've read)

    If MG holds onto it, they'll be holding onto a company with a P/E ratio of 60+.. which is obviously grossly overpriced.

    The market will likely correct sharply to reflect WCB's real value. Maybe 10-20 P/E is average for a dairy producer. Saputo is at around 13 P/E

    Personally, I can't really see MG holding onto to any stock...
 
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