BBDB859 wrote: -Two changes from my yesterday posts. Post one should have said "With
these moves"
-Post two I was referring to DSCR (Debt Service Ratio) when I said a ratio of 2.3. Plus
I was referring to end of 2024 early 2025 for that ratio to kick in. Just some further thoughts This company is now on a good trajectory, and somehow they got some financial confidence going into 2024, and are focussed more on the LTD. This confidence could have come from the fact that, they have purchased their Inventory for the year already, since Q1/24 is almost done, & now they know what cash they can free up from their CASH on HAND towards LTD. So they have all their focus on LTD now.
This stock has caused a lot of grief to a lot of people here. I hope some of you who, were caught holding the bag, and weren't equiped financially to hold the title,
have sold out recently, just for your own sanity. This stock hasn't given a good return to LT Investors here so far. But it has helped the Traders. My financial targets haven't been met yet, but they will be, sooner, than later.
I'm just enjoying the ride
upwards now. That's where this stock is going. I may change my direction depending on the SP going forward. Everything I've seen so far, indecates that 2025 to Early 2026 will see close to an Invetment grade TITLE, and I'm starting now to pay attention on the financials of this company more carefully. I suggest you do the same to achieve your financial goals. Cheers
BBDB859 wrote: We'll definitely be down to $4.4B-$4.5B in LTD, and Net Debt of $3.2B range by early 2025, and closer to $3.5B. In LTD and $2.2B of NET Debt in early 2026. Our Eaning ratio for early 2025 will go to 2.3. That's some good numbers coming.
BBDB859 wrote: With thee moves, they'll save about $55 million over the years of pushing the principal of $1.5B down to the 2030's and pay off about $1.2B by the end of 2024 or early 2025. These are smart moves