GREY:WONEF - Post by User
Comment by
knicksmanon Mar 27, 2018 8:50pm
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Post# 27791429
RE:RE:WEQ: good reasons to buy.
RE:RE:WEQ: good reasons to buy.Q4 and Q1 are strong heat quarters. Q2 and Q3 are more weighted towards the aerial business.
Q1 will likely be strong (stronger than Q4 in my view).
But you're not wrong to be (more) concerned about the aerial business. But equipment utilization rates are quite healthy and rental rates are improving. Nice to see the company buy shares at an ample pace at $1.40/share. Book value is still higher than the value reflected by the share price. If we see the aerial business improve -- the shares should do quite well from these levels.