RE:Q3 - good news for 2025Yet again stock frustrating investors - that $63 takeover offer looking pretty good. NCIB - WTF pay down the god darned DEBT first - still 3.1x. They said it would be at 2.4 or 2.5 by year end in the first qtr. Sticking with it because its at the bottom of valuation and has been forever. Please someone come in and take this dissapointment over at a 30% premium or $65-67pig over. Its been years and Im sick of hearing it all again over and over.
ValueBets wrote: Lower 2024 guidance, 20M$ Ebitda under lower previous guidance of 300M$.. it is bad..but is it a surprise? Does the current stock price reflect awfull market conditions on the US farming segment?
Order book up 36% vs Q3 2023, or about 200M$, or about 40M$ Ebitda (20% Ebitda margin). This should give a hell of a start to 2025?
Add to 2025 a US farming demand that come back to normal levels.
2025 should be a great year, with well above 300M$ Ebitda (330M?).
With FCF at a high level, and this should be the case in 2025, NCIB makes a lot of sense, as long as the stock stays around 50-60$!