Celtic plc (LSE: CCP) today traded 59,266 shares on the London Stock Exchange its highest volume day in 5 months and gained by 1.75% to £1.45 per share.
CCP's uptrend remains intact and new 52-week highs will arrive very quickly in the upcoming weeks. Celtic has had no dilution in 18 years.
The Boston Celtics are likely to be acquired very soon at a multiple of 10-15X revenue and they will face massive luxury tax losses in the upcoming seasons.
Celtic has an enterprise value of approximately 0.60X revenue and will generate record earnings this fiscal year.
Celtic will get rapidly revalued to at least 3-5X revenue following the sale of the Boston Celtics.
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is meant for informational and educational purposes only and does not provide investment advice.
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