RE:Billy Kawasaki’s Insights -BUY ON Weakness Thanks for posting!
I have followed this name for a while and have been highly intrigued with the valuation at this price range.
One of my issues with Enerflex has always been my perception that insiders don't really have enough skin in the game that was purchased with their own money. If I am mistaken please correct me; otherwise, I would like to solicit your view on what made you comfortable in owning the stock in a low insider ownership environment?
It would be interesting to have been a fly on the boardroom wall at Exterran leading up to this. From what I have read this afternoon, they missed their guidance for a few quarters. Even at the proposed price from Enerflex, their shareholders are a long ways away from the $30 range from a few years back.
I appreciate your insight and believe that there are much better days ahead for Enerflex if the industry conditions are cooperative and management can execute.
Best of luck,
LR