RE:Many good reasons to hold ALA going into Q3 and Q4 earmings Thanks for your comments Bossu:
Randy's comments and the growth profile of Fendale etc are part of the analysis I just completed that alowed me to estimate $2.00 earnings for the full year. It takes into account my US/Can dolar assumptions, tax rates, and some higher costs as well. The operating costs of ALA are higher and debt increased with the purchase of Ferndale but their Revenue and FCF have gone up significantly more.
If I see $2.00 earnings this year with growth announced for next year in December where do you think the stock price will be buy February?
Even with some interest rate rise I do not see a huge effect on ALA so I am hopeful a $2.00 earnings by year end for the full year leads to a very nice bump. Thanks again.