RE:Brad Bourne on YoutubeAnother impressive presentation. Many of these talks foucs on strategy but Brad Bourne gives you strategy and details.
First thing of note , IMI and Holoday did not have sales teams ; improved marketing through Firan's sales people. Holoday was the company that they have wanted to buy the most for a long time.
C919 planes in China have roughly $50,000 Firan content per plane . Current production is 20 planes a year but hoping production goes up to 150.
He loves the C130 cargo plane because the company sells circuit boards, cockpit companents and simulator component , about $5 million a year.
Boeing 787 gives the company about $2 million in business for a year because they only supply circuit boards to Boeing.
There is increased investor interest because even after the rise in price , the company comes across in screens as having a low EV to EBITDA ratio.
Worth listening to this employee of the company 9 watch til the edn and you'll get it.