RE:RE:DIV - Informationwestcoast1000 wrote: Actuary,
Could you explain the following:
Sutton * 1.35 + Mr Lube * 1.35
Why 1.35? What does this factor represent? When you refer to Sutton and Mr Lube, are you referring to the capital cost or the annual revenue? Any clarification would be appreciated.
WC
I value that Sutton and Mr Lube market value have increased by 35%. Since those acquisitions, the market conditions and their revenue has greatly improved and the same deal today would cost 35% more than at time of acquisition.