GREY:CRIUF - Post by User
Post by
HermannHalleron Jan 22, 2019 11:37am
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Post# 29264693
Analyst Day - highlights
Analyst Day - highlights The presentation covered financials and sales strategy. Bottom line - 2019 should be much improved, and the stock price is well below peers.
Financials:
- embedded margin continued to grow in Q4, up 8% y/y
- many costs in 2018 were one-time, or will be discontinued (solar)
- pro-forma payout ratio 57% (with a 17% yield!)
- pro-forma leverage only 1.1x
Sales
- will continue to focus on margin over customer count (so expect more customer losses)
- look for improvement on sales partnerships (ie. Comcast)
- consolidate brands, cut costs
52 week high on stock is $9.47, if it got back there the stock would still have a yield over 8%.