RE:RE:analysts estimating the bomber at $.20 , j'ai mon voage Doing nothing about the debt is not one of the options, EM has been clear on multiple occasions, even in the Alstom closing PR, about addressing the debt next.
PabloLafortune wrote: If they do nothing about the debt and interest costs emains high, the backlog drops significantly every quarter, other liabilities come due, and the EBITDA doesn't meet the targets, 20 cents US could happen. Otoh, if they remove a big chunk of the debt via a convertible debenture for example (3-4% with a $1.25 to $1.50 conversion price?), refinance the remaining debt at lower rates, exceed EBITDA targets, fund other liabilities with other assets (r/e, Alstom settlement, MHI, ???), (they could even convert the As to convertible debentures thus giving the family some income on their shares..), $2.00 could happen. My money is on the latter.
bicente wrote: Can you picture the family raging in the background ? ... I guess the analysts must believe their debt is too big to handle ... Next step is good Q4 result and better forecast with renegotiating of debt ... I'm not selling but it sure is getting harder to filter out the noise ...The good thing is there is not much left for them to bash about in the news ... GLTA