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Re: nupapa post# 73

Friday, 09/29/2017 3:28:15 PM

Friday, September 29, 2017 3:28:15 PM

Post# of 85
Thanks. I'm pretty confident that you are right; they will be reducing debt by about 10%.

Regarding your statement about "put the money to better use":

As long as they aren't going to pay us a dividend, I would like to see them using the free cash flow to reduce more of the debt. Debt service costs them about 5% +/-

In 2 years time they could be under $200 million. That would improve shareholder value. It might even position PGTI for a take-over of itself.

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