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Re: Anvil post# 56122

Tuesday, 09/01/2020 5:30:45 PM

Tuesday, September 01, 2020 5:30:45 PM

Post# of 73091
Fair points

I don't view the debt burden as being a concern, but he could explain that better. 40-45% of it is due to capitalized lease obligations. He could address that in a direct fashion and allay any concerns. He uses sale-leasebacks of fixed assets (ie. production facilities) to pay for the acquired company in many cases.

I would like him to discuss margin potential and have mentioned that to him repeatedly. I think he's under the impression that investors will only gravitate to a revenue growth story, but I think he's mistaken in that regard.

I think his view on valuation is certainly reasonable, but we need a catalyst.
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