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Re: iwfal post# 7786

Saturday, 06/29/2024 12:54:43 PM

Saturday, June 29, 2024 12:54:43 PM

Post# of 9090
Interest rates are the same forall. Higher cost of refinancing shouldn't matter if trajectory to break even is clear. Company is trading at less than 1x forward sales and about 1x this year sales. Whether they pull break even in 25 or 26 shouldn't matter. Daxy will be the best Bont out there for at least another decade. Sooner or later, potential will be realized, and considering current valuation, i see them very vulnerable for a +2b take over. Can't see the board not agreeing with anything near 20 per share., which will still be far below long term fair value.
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