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Foundation Building Materials Inc NYSE (FBM) RSS Feed

Followers
1
Posters
3
Posts (Today)
0
Posts (Total)
42
Created
03/10/17
Type
Free
Moderators

updating 09-03-2017

Foundation Building Materials (FBM) has gone public in an IPO which has not been well received.
Demand for the shares of the building materials distributor, which employs an aggressive roll-up acquisition
strategy, has been very soft on the back of poor margins and high leverage being employed.

These reasons and an unusual tax receivable agreement with the sponsor of the company makes it very easy for me to avoid
the shares. Despite the ¨discount¨, I see no imminent appeal given the lack of profits, or outlook for profits in the near term.
Volume:
Day Range:
Last Trade Time:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
FBM Latest News
  • No Recent News Available for this company!
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