GREY:WEWWF - Post by User
Post by
ddunon Aug 11, 2012 12:36pm
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Post# 20207477
Out of Mexico, Brazil & UK
Out of Mexico, Brazil & UK We are out of these three growth regions and also out of the Auto theft recovery business. These are bold moves motivated by higher ARPU and profitability. From the days of Anwar and 100% annual projected growth we are now into negative growth! In Telematics only the big will survive as it is a number's game and size matters.I am concerned for WEW as it sheds these regions and markets and becomes a regional player! Also these one-time restructuring charges are happening too often. The company is spending too much money on legal fees, restructuring charges and investment banking fees and the EBITDA is misleading without these charges. EBITDA is meant to represent free cash flow or cash earnings but in this case the cash is going down. I also do not understand the comment about 'foreseeable future' regarding NextBus. Are they waiting for the arbitration ruling before they sell NextBus or are they going to keep it? Your thoughts will be appreciated.