Hey guys. To start this new board off, I want to post my write-up of ESTR.
Estre Ambiental is the largest waste management company in Brazil and Latin America formed via a SPAC offering with Boulevard Acquisition Corp II in December 2017. The company provides collection, transfer, recycling and disposal services to more than 31 million people. Estre (ESTR) is also the sole owner of the largest number of regulated landfills (13) in Brazil with 134 million cubic meters of remaining capacity (15 years worth). To understand the scope of ESTR's landfill capacity, in 2017 alone, the company handled over 16,600 daily tons of waste. The company is geographically focused on the most densely populated regions in Brazil's urban markets where they can capture upstream and downstream opportunities for vertical integration. The states in which the company operates represent close to 50% of Brazil's total population and over 50% of the country's GDP. Even during the economic downturn of 2014 - 2017, the company managed to churn out 4% CAGR Revenue growth and 29% CAGR Adj. EBITDA growth.
Here's the link to the post: https://themarketplunger.wordpress.com/2018/08/15/estr-waste-management/
Thanks!