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Strategies & Market Trends : Value Investing

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To: Wallace Rivers who wrote (62027)5/20/2019 12:21:10 PM
From: bruwin   of 78667
 
Had I been approached with that Rhetorical question I would have said "To make a profit, via a capital gain."

MMM'S recent Quarterlies seem in line with its Price performance ....





..... Revenues, EBITDA, Pretax Income and Net Income all declining. Conversely CoS and SG&A rise, which doesn't help the situation.

TTM EPS :- (891+1347+1543+1857)/576 = ~9.8
Current P/E about 166/9.8 = ~17.

So if Tusa is confident about MMM's future "blue chip" status it will be interesting to see what MMM's financials look like when that happens ....
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