RE:RE:RE:Moody's acknowledgement of improving fundamentalsTechnically they (Tutes) can get to the buying stage earlier. Once we reach the BBB range or 3X range? Then it's game on for them. I think it could start as early as mid 2024. That's when the writing will be on the wall for them. I know we'll get that forward split for sure, given the number of shares outstanding. So really it's inevitable. Everything will come to a head when when Pearson opens up in early 2024. The rate of the production pace, of Pearson will dictate the rush into the Stock. Remember the savings from Pearson will increase margins through the roof too. So we get quantity combined with production savings.
flamingogold wrote: Once the debt rating hits A and higher, the big funds can start buying. With only 86 million shares, the increased demand is going to force the share price higher. This is where possibly BBD can do a forward split as you previously mentioned. I am looking forward to that day moreso than a dividend. Then a dividend resumption.
This would complete the turnaround. We are not there yet, but getting closer.
BBDB859 wrote: We're definately going to get an upgrade from Moody's in Q1/23 the latest. Because we'll be better than 6X( Debt to EBIDA) of today. We should probably get to 5.2X in Q1/23 when the dust settles on the Note payments, by the end of Q1/23. The tide is turning guys. This is probably the turning point to propel the company past it's Debt woes. Enjoy the runs. Thanks for this post Flamingo.