Post by
Windsor1 on Dec 03, 2021 2:06pm
Bad Company
Revenue for the quarter 1.5b, expenses 1.8billion this is a problem. They lost over 300 million in three months, that means they're losing $100 million per month. They have a cumulative deficit of $2.4 billion. Paulo Notranicola of BC Partners made a mistake: no economy of scale, purchases, tick unders don't beget savings. BC Partners wil bail out, word is they are looking to find a sucker. GFL will implode on debt. Timing of the collapse is in question because they have $1b working capital on the balance sheet.