RE:RE:RE:PTG Earns Among The Best Returns In Its Industry.At this level I believe Pivot is worth the risk and because the reward is quite high.
I feel the biggest risks are their existing debt which is variable (eeee!!) and the declining sales (oooff!).
The US fed appears to be more dovish this year in rasiing rates so hopefully that gives them so breathing room, also I believe there is potential for this to be renegotiated. Which would be a big boost to cash flow if they can do that.
The declining sales as they stated are from their "major" producers, which is very low margin business. Companies like AT&T do not give you good margins on their business, some may even be neutral.
So while they are big risks, the debt potentially could be fixed with a negotiation and the sales (while important) are ok to drop with they can increase earnings. As always with this company the next earnings will be important.