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Alias Born 06/09/2011

Re: unevilfavouredness post# 50528

Thursday, 06/16/2011 2:05:57 AM

Thursday, June 16, 2011 2:05:57 AM

Post# of 51429
I also agree but to some degree Keith Anderson should be very busy with the balance sheet. At the moment, I would recon he would opt to engage in capital, not operating, leases for heavy machinery given the need to excavate through different terrain. However, they can obtain bank debt on the open market given LIBOR and the spread are at historical lows. Nonetheless, HEMI should see nothing but an improved financial position that should allow it generate enough free cash flow to service quality improvements so turnaroud is efficient and accurate.
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