GREY:CRIUF - Post by User
Comment by
DonaldJon Jan 22, 2019 2:37pm
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Post# 29265812
RE:Analyst Day - highlights
RE:Analyst Day - highlightsWow the same old BS AND you got a free doughnut? Pretty big time event for you. You guys should put out a book "We came for the losses, but stayed for the stories" or "How to lose your shirt and brown nose the company that stole it"
HermannHaller wrote: 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%.