OTCPK:AVEFF - Post by User
Comment by
zadmanon Sep 01, 2017 1:26pm
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Post# 26648049
RE:RE:RE:RE:RE:Looks like the SP could come back down to 38
RE:RE:RE:RE:RE:Looks like the SP could come back down to 38I hope you're right about $10MM more on the top line. I'm not so bullish on topline growth from these levels although do agree we could see modest improvements tracking rig counts. What excites me more is the prospect of turning that $20MM of third party contractor revenue into actual Aveda equipment generated revenue. This will juice margins and should result in actual positive EPS! If EBITDA could trend to say $8MM+ per quarter - $32MM annualized, a valuation case for sub $2/share isn't all that much of a stretch. Lets all keep in mind Aveda is doing this with industry conditions in the tank. What if we ever flipped into a high tide floats all boats situation. Becomes an exciting prospect. I'm curious what Ronnie was referring to in that video about acquisition opportunities both within and outside their industry (think I heard him say that). Not sure what to think about that..... zad