RE:STONECAP securities....PRICE TARGET $1.10for instance, TID had revenue at $74 million and EBITDA at $14.7 million in Q3 2012.
UT was 62.7% in Q3 2012.
TID had revenue of $71.7 million and EBITDA of $14.1 million in Q2 2013.
UT was 69.6% in Q2 2013.
Revenue, EBITDA and UT will be even better in Q3 2013 and will improve substantially in Q4 2013 according to the CC of the company.
This is why I am saying that nothing has changed since last summer so the PT of $1.1 has not been changed either.
Debt has also been the same between last summer (when Stonecap released that report with the PT of $1.1) and today.
Just simple logic folks.....