OTCPK:TMBMF - Post by User
Post by
dosperroson Feb 03, 2017 12:58am
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Post# 25793413
Soundbites from a recent report.
Soundbites from a recent report."Tembec's share price has rallied significantly since September 2016. Our recommendation upgrade is late to the party, but we believe that there is further midterm
upside. Liquidity has improved to healthy levels and we expect leverage ratios to
decline quickly as free cash flow accrues..."
"In our view, current valuation levels do not accurately reflect Tembec's mid-term free cash flow potential."
It's from on of the Canadian Majors.
I suspect that you'd be better off paying to subscribe to my (non-existant) newsletter becuase I've been saying this since November when we saw "THE BIG CHANGE". AKA the $57M
quarter that rocked the industry. The quarter that turned Lopez and Co from zeros to heros. It wasn't hard to see, but I guess there is safety in following the herd and issuing the upgrade "late in the party".
They are years and years into this transfomational strategy. They went all in. It took ages, but when they won they won big. And we did as well. The bonuses Mgmt took home this year were impressive and well-deserved. And the more clever ones in the pack will be like Jim and buy 400k worth of shares at $2.01. Damm, he is up 50% or $200k already based on his end of year disclosure. Great to see mgmt and shareholder interest align.