GREY:WONEF - Post by User
Comment by
knicksmanon Nov 30, 2016 10:51am
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Post# 25533712
RE:RE:Trudeau approval of TransMountain
RE:RE:Trudeau approval of TransMountainAgreed. Company assets are unchanged (since restructuring). Look to previous EBITDA numbers (minus a little) to get a sense of what the company could do in an upturn.
I'd think we get $10 million EBITDA in 2016. Maybe $20 million EBITDA in 2017. We could get $30 million in 2018. The ramp in profitability will likely take time, but at those levels, you could justify a $6.50/share stock price. This is deep bargain here.