Value Microcaps Motherboard

[BiotechValues]

$NEFF down 38% in two weeks more than makes up for the exposure to oil/gas industries.

The exposure is in rental of equipment to these industries.

Has US production slowed- has demand for equipment in these industries suddenly stopped? As far as I can tell we're going full speed ahead with highest production rates in 30 years due to natural gas fracking.
http://l2.yimg.com/bt/api/res/1.2/diDubvpKRoCJPi87_nc7QQ--/YXBwaWQ9eW5ld3M7cT04NQ--/http://l.yimg.com/os/publish-images/finance/2015-01-09/8115ee90-983e-11e4-bea0-43fdc8dfd11a_Oil.gif



NEFF has been cash flow positive since at least 2011 according to S-1
http://www.nasdaq.com/markets/ipos/filing.ashx?filingid=9739635


Also- Debt addressed with IPO proceeds. (see S-1)

Use of proceeds includes a paydown of principal loan scheduled to mature in 2021 and to repay part of a revolving credit facility scheduled to mature in late 2018.