Q4 earnings
Solid Q, no surprises, with only 1 analyst covering and almost zero instl ownership outside of Brookfield, the stock will move with the price of crude and not off earnings.
.56x tangible book value, Brookfield has been involved with CWC since 2007 and gone through 2 downturns, they must be looking at ways to either exit or lower their risk profile as 10 years is on the outer edges of holding period for most pvt. equity shoppes.
We own it in the low .20's and will only add now if we can improve our average. Bid at .19 for 300k..come and get it.