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Grupo Aeroportuario ADR Representing 10 Ord Shs Series B T.ASR


Primary Symbol: ASR

Grupo Aeroportuario del Sureste SAB de CV (ASUR) is a Mexico-based holding company. It and its subsidiaries hold concessions to operate, maintain and develop approximately nine airports in the southeast region of Mexico, as well as over 10 airports in Colombia. The Company operates through segments, including Cancun airport and subsidiaries (Cancun), the Villahermosa Airport (Villahermosa), the Merida airport (Merida) and Services. The airports are located in Cancun, Cozumel, Merida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula and Minatitlan, Mexico, and in Medellin, Colombia, among others. Approximately eight Mexican and over 80 international airlines, including the United States-based airlines, such as American Airlines and United Air Lines are operating directly or through code-sharing arrangements in its airports. It provides airport security services at its airports through third-party contractors. It also provides firefighting, rescue and aircraft maintenance services.


NYSE:ASR - Post by User

Comment by Partypanther21on Apr 25, 2020 2:07pm
174 Views
Post# 30953361

RE:I Totally Agree - rolling in cash

RE:I Totally Agree - rolling in cashYa that guy is just a troll. This quarter they will announce zero nebt debt and have available cash of Approx. $200M. 18 years of remaining production for 300-400 oz per year with no net debt is insane. I wouldn't be surprised to see ASR pay off their debt entirely in 2020 to save the interest payments. That extra $ would go straight from interest payments to profit. Great upside for Ardich still to add more oxide ounces. Should be at least a $9 stock by years end.
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