OTCQX:HEOFF - Post by User
Comment by
YourMakeron Oct 29, 2019 11:26am
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Post# 30281522
RE:poor strategy
RE:poor strategybingostar wrote: The management has never been able to create value for shareholders, instead they commited themselves in doubtful deals, That trend has been historically the same for that company.
Absolute disappointment. Looks like this is going to get hammered do $0.70 over the next couple months. 12.5% annualized payments on the 3 year term loan, how are they going to pay that down??? Don't even talk about dilution, this deal makes no sense, too much goodwill over a rather generic RO membrane producer. This is a salvage buy of a couple of dated factories in the EU. What is H2O management thinking???