Post by
zforzebra on Nov 02, 2023 11:08am
Re: have they ever divested bad assets?
From what I can tell, EIF has never divested bad assets? Is this true?
Comment by
billroth on Nov 02, 2023 11:23am
If i remember correctly, years and years ago, they acquired a company named " West tower USA" and it was a pain in the a$$... quarter after quarter. They finally got ride of it and it had an almost immediate effect on their results and on the stock price. That's the only bad asset i can remember.
Comment by
zforzebra on Nov 02, 2023 11:48am
Thank you! That's what I'm looking for. If they never divested, it would be concerning to me because always picking perfectly is not possible.
Comment by
billroth on Nov 02, 2023 12:14pm
Anytime ! Glad i could help.