I have done an in depth and thorough analysisIncluding the age, and net worths of the primary leaders of this company, Herein lies a risk out of left field few have likely considered . My educated guess is Kurt is about 61 years old right now.
As per his biopic, or curriculum vitae, or whatever you want to call it, he has laboured in obscurity, until now. Can you imagine his stress when he bought the division from Parker Hannefin, only to be facing bankruptcy in 2011? Yet he stayed and perservered because of his belief. His mission was to adress a serious concern he specifically referenced as the next potential Back Swan event when he gace his introduction during his year end monologue.
My guess is Kurt's net worth today is somewhere between $38.5 and $40 million. His salary at Xebec is $291,494. There is no question he loves his company, and his team. Nevertheless, when would you decide to leave and enjoy the rest of your life?
Just don't be surprised if he announces his retirement when the market cap approachec $1 billion. That may be a year ,or 2 ,or 3 from now, but he's not going to stay forever, and that would be the worst possible news I could imagine, secconded only to news of the same nature from Prahbu. We always have to consider what could possibly go wrong, particularly when things seem full steam ahead.
Those are the only 2 bad things I can imagine in the future of this company. It's not an inconceivable scenario, after all, they've just sold stock. Kurt sold $7.2 million worth. Prahbu just sold $2.7 million worth. In 2 sales.
As of today, the CFO, Louis Dufour, has no shares or options. None. We can expect the announcement of his retirement shortly. Probably by Christmas.
Louis' departure would be inconsequential. Kurt or Prahbu would be a major hit. That's why you can't overweight this stock despite how much you might believe in it. There are always unanticipated risks we have to consider.