Post by
RichyRich$ on Jul 12, 2019 7:08am
Great Management Team for Delphi
When investing in a company, they say the best thing to look at is a good management team. At Delphi they don't throw the shareholders under the bus with share dilution. That's huge. And the banks are on board with Delphi's operating cash flow growth plan to pay down debt. So bankruptcy risk is now off the table. The current share price is low as if we were going bankrupt. This should double to triple fast! Even after the pop, it will continue to trend up as each quarter report gets better with increasing cash flow in decreasing debt. That combined with a sector rebound of Canadian Oil N Gas as LNG and Transmountain pipelines are built by 2022. This is a 3 to 5 year hold. Should be well above $1.00. Notice the pop yesterday afternoon with hugh volume before the news came out. It totally shows you inside investors exist. I subscribe to a quality fundamental newsletter I trust... and Delphi remains as a top buy for Canadian Junior Oil n Gas.
Comment by
RTO on Jul 12, 2019 10:13am
At RichyRich$: If what you say comes true and this should be over $1.00, I would rather be holding the DEE.wt warrants with over 2 years to go. When DEE common was trading at 0.93, the DEE.wt warrants were at 0.31! The multiple on the DEE shares are 5,5x, but DEE.wt warrants would be 61x. Nicer leverage with less capital invested.
Comment by
maldwyn on Jul 12, 2019 10:23am
What are the details on the warrants ? Exercise price, expiry etc.
Comment by
maldwyn on Jul 12, 2019 11:02am
Thanks for that insight an information.