RE:RE:BNNI don't think I agree with the below. EIF has said they're opportunistic, if they laid out their whole plan, it really ruins the strategy when in negotiations with other parties. That said, they;ve gone so far as to tell you that capex for H2 will be much less than H1 because they front loaded purchases in H1.. sounds like guidance to me.
PROtrading wrote: Yeah well, first, that "nameless" guest on the BozoNewsNetwork could be bozo... Have you seen the number of pumping chimps on that channel??? It's bait for the fools...
Second FCF, from my perspective, is the #1 way to determine if the company is cooking the books or not. The CEO of EIF himself has no roadmap for acquisition based growth and given the headwinds right now, it's hard to see any growth?
digitel wrote: The guest said he doesn't like to use free cashflow, in general, because if you have growth opportunities above your cost of capital you should be investing in those which drives down free cashflow. Instead he focuses on operating cashflow in general. The stock he was commenting on wasn't EIF but that's his general principle.