RE:Interest Rates
stockrook86 wrote: Feel like I'm taking crazy pills, yes Quebec uncertainity is not great - but PHA brilliantly loaded up on almost all variable debt to buy Solutions Staffing. Since they go the debt, the rates in the past several months have been cut 1.25% by the BOC, thats $500k of extra cash flow annually just on interest alone with more to come.
Backed up the truck, my share count is starting to creep up to the CFOs.
Great point.
There's no way that Quebec will be able to operate efficiently without private agencies. On the flip side, the majority of the companies cash flows and ebitda come
from outside Quebec.
There is 0% chance this company will go bankrupt but it is being priced that way.