Post by
Betteryear2 on Dec 18, 2023 5:23pm
look at different ways to create shareholder value
"We have the resources needed to carry out our organic and inorganic plan for strategic expansion in an environment with elevated interest rates thanks to our very strong balance sheet with a very low leverage ratio of 1.4x net debt to Adjusted EBITDA, and more than $58 million between available credit and cash on hand. Given our flexible capital structure we continue to look at different ways to create shareholder value and believe that our operational excellence and robust balance sheet provide us with all the resources necessary to execute our growth strategy.”
Comment by
ValueRider on Dec 19, 2023 1:10am
With results like these and the fact that they are trading at such a cheap valuation, there has to be some buyers wanting to take this company out. I wouldn't be surprised if an offer in the $9-$10 range USD is coming soon...possibly higher.
Comment by
Carlito3311 on Dec 19, 2023 5:36am
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Comment by
Carlito3311 on Dec 19, 2023 6:37am
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Comment by
SR71BlackBird on Dec 19, 2023 9:44am
What a joke. I've been selling off my position over the past year or so. About 1/3 left. Can't wait to completely shed this thing. IMO.
Comment by
Moemoney42 on Dec 19, 2023 9:48am
The tax loss selling will continue into the year end IMO..! Where's logger today.. kinda quiet eh..!
Comment by
Carlito3311 on Dec 19, 2023 9:53am
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Comment by
Peanuts3 on Dec 19, 2023 11:05am
Today a lot wants to get in...lollllllllll
Comment by
ol_griz on Dec 19, 2023 11:38am
Yup. I see it as a very positive report, however I think we are looking at 2H 2024 before those of us in the $8 range are getting back into the black. Good time to get in now, though, if you've just been lurking.
Comment by
westcoastlogger on Dec 19, 2023 10:19am
Your're doing it all wrong Blackbird. If you've been selling, which I doubt, you should of been praising the virtues of this vibrant growing gem. All you ever do is complain. You'll never get a good sales job like that.
Comment by
Moemoney42 on Dec 19, 2023 10:28am
Ahh.. so I was right... you're selling while you're pumping... that explains alot.. :-l
Comment by
Trytobelong on Dec 19, 2023 10:37am
always always complaining... not new! when you know how to play this game : sold "some" at about 8 and rebuy "some" at about 6... now at this point, it will go up and up