Listened to the conference call
The analysts are morons.
This company is making $600 million US a year and has a market cap of 1.35 billion - a multiple of just over two. Plus they have $155 million in cash.
The debt is serviable and is just a cost of doing business.
The analysts were obsessed with the currency risk when the executives explained they have more than sifficienct income in euros to cover any rise. It's a wash. But these morons didn't understand.
How can we invest when the analyst community is so stupid?