RE:RE:RE:$6 by 2023?
wallstreetwizrd wrote: agreed, great analysis, they only thing that I worry about this co is level of debt, it's not unbearable but if it was lower this would be a no brainer.
Keep in mind there will be share dilution going forward to pay for the new line in addition to more debts. They suspended the dividend because there is literally no money for shareholders leftover. There ebitda numbers is not that attractive relative to the capital costs that are necessary. From what I understand, they invested 50+ million on capital costs that will only increase revenue by 50% or $50m more or less. This translates to an ebitda of $10m at current numbers to perhaps 15-16 million at full capacity.
Id be more inclined to invest if at full capacity they are able to increase ebitda numbers by $10m but there is no investor presentation info regarding this.