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Wednesday, September 09, 2015 4:18:42 PM
The article made a good case that foreign currencies could have a serious impact to the down side though.
The global down cycle is certainly having its own impact on cutting revenues and could also continue to hurt the business through 2016.
That said the market has already factored a lot of this into the current pricing.
The $HAL / $BHI deal is still on the fence as I keep reading about hold ups but do hope it gets done soon.
No doubt that in hindsight the opportunity at these levels in years to come with be coveted but there may be some better entries before then.
Purely My Own Opinion. Do Your Own Due Diligence.
“Formula for success: rise early, work hard, strike oil.” - J. Paul Getty
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