GREY:HRIVF - Post by User
Comment by
cjsellon Aug 09, 2010 10:53pm
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Post# 17336070
RE: RE: RE: RE: Continue to accumulate ahead of Fi
RE: RE: RE: RE: Continue to accumulate ahead of FiLet's be clear Igor never stated anything about any share appreciation. In fact he was very clear, his mission is to drive cash flow and clean up the operations. So if someone wants to pay me north of $3.00 today for my shares, just tell me where to sign. I was at the AGM.
In my opinion we need at least 2 more good quarters and Severstal to quit playing cute games, then I believewe will see a much higher valuation. I can see us close to a buck soon, we just need good numbers.
Any thoughts on what Severstal is doing with Crew? They will need a ton of cash, and no one knows where Mordashov is coming up with the cash to buy over 50% of Crew and the Troika shares. The HRG balance sheet is much better looking, and gets stronger each quarter.
CJ