RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:All I can say is WOW!Thanks for the well wishes.
I tried doing the Gulfstream #'s separately once and couldn't get very far either. So I just guesstimated as to the EBITDA, and the BJ's side of things, all the while trying to separate the military side.
It's hard to dissect what value is added there from the military side. What I deduced is, is that GD's military Revs were much too convoluted to decipher. Because GD was probably.handing over Revs to Gulfstream to make them seem strong. Possibly for tax reasons. It's hard to prove that of course (that GD is feeding Revs to Gulfstream), because the parent company GD, is too heavily in the Military side of things, so it gets US Govt., contracts mainly because of it's strong product line. I don't see other advantages for hading over Revs other than perception.
Ya, it doesn't matter on the multiples. They're correct. The only problem is, is that the stock exchange (TSE) permits these thieves to do as they will. So in the end, they can do what ever they want with the SP. Many people don't have the patience these days, or get too fed up with this BS so they get out. Like Flamingo just told Snow, we've been here for 7 years now waiting for this SP to right itself. Cheers
Letsmakemoredol wrote: BBDB859, Happy Thanksgiving to you as well, although I am still in the USA where its Columbus Day and like the US, its just a normal work day. Interesting fact I found out recently, there is no requirement for private US employers to give stat holidays off or give additional pay so its a regular work day here. Anyway...
I posted those EV/EBITDA numbers for discussion or entertainment purposes. Not suggesting BBD deserves multiples of that value. I would love to dive deep into GD to see if I can pull out Gulfstream numbers although I don't think they give full EBITDA, FCF, etc #s