BNN Bloomberg: Tips for value investing amid M&A activity
“We come from the private equity world so when we are looking at these public companies we are applying a private equity lens and really digging in and trying to understand the business and what it’s worth. Overlaying that we are always looking for how we can be opportunistic and buy these companies when they are cheap and certainly M&A is one theme where there are several opportunities for mispricing… Certainly in the portfolio today a lot of what we see is M&A that has occurred in the last one or two or even three years which isn’t understood by the market today.”
Pender CEO, David Barr talks to Paul Bagnel and Paul Harris on BNN Bloomberg this about his strategy for finding value in the market amid merger-and-acquisition activity.
