Post by
hawk35 on Dec 20, 2012 5:14pm
Conference Call
I think before anyone panics they should listen to the conference call. All three companies had issues that prevented them from achieving full shareholder value. Make sure you understand those issues. There will also be synergies in manpower and contract costs that will support increased earnings. And finally, there will be the sale of overlapping and redundant assets at all three companies to improve the newco balance sheet even further. These sales will happen between month 1 and 6 for the new company. I'm gonna give them another six months and see what they can do.
Comment by
bakken13 on Dec 20, 2012 5:17pm
What would you expect them to say?
Comment by
hawk35 on Dec 20, 2012 5:35pm
They said exactly what needed to be said. However saying something and actually executing it are two different things. I'm still gonna give them six months.